Credit Derivatives and Synthetic Securitisation
Guide to Commoditisation of Credit Risk

By Vinod Kothari
July 2002 edition

Quick snap

Bibliographic details:

Name of the book: Credit Derivatives and Synthetic Securitisation
Edition: July 2002
No of pages: 464
Size: Royal 
Binding: Hard bound with colour jacket on glossy art paper
ISBN Number: 81-901463-0-0

Price USD 75 (Seventy five US dollars); Special price in India (not for export) Rs. 1250/-

Highlights

Credit Derivatives and Synthetic Securitisation

Credit derivatives, a device of structured trading in credit risks, emerged around 1993 and in a short span of 8 years has attained a global volume of USD 1.5 trillion. Credit derivatives are today used in global banking to transfer risks, clone debt securities, structure and leverage positions on credit assets, etc.

Add to it the device of securitisation, and credit risk becomes a commodity for the capital markets.

Cohesive and comprehensive guide:

Vinod Kothari’s treatise is consistent and cohesive being written by a single author (except for 2 chapters by guest contributors) – a feature that multi-author anthologies are regrettably found lacking.

And it is comprehensive – picking up the essential conceptual threads of credit derivatives, the author takes you through the nitty-gritty of synthetic securitisation with the help of several recent, real-life case studies. The discussion includes a lucid easy-to-read exposition of the legal, tax and accounting rules, including the latest accounting standards FAS 133/ IAS 39.

The case studies have been selected to represent various types of synthetic CDOs from recent transactions – and each highlights the developing life cycle of the synthetic CDO product.

Highlights:

  • Updated information on global developments till end-June 2002
  • A unique FREE update service to keep you updated on developments up till December 31, 2002 (only for one person per copy bought)
  • Main author and Guest contributors elaborately discuss pricing of credit derivatives
  • A comprehensive glossary of credit derivative terms
  • Cross-referenced and richly annotated text
  • Elaborate subject index.

Order by Credit card

Pay USD 100 (Price USD 75+ shipping USD 25); pay conveniently using your credit card

A special pre-publication price of USD 85 (USD 60 +25) is applicable to those ordering by 26th July and paying by this date by credit card. This discount will be withdrawn from 27th July onwards.

Deliveries of the book start by end of July 2002. We send the book by DHL; for most parts of the world, it takes not more than 7 days for the book to reach you.

Order by check/remittance

Though we strongly suggest payment by credit card, if you want to go the traditional way, send in an international banker's check for USD 100 favouring ACADEMY OF FINANCIAL SERVICES and mail it to the address below. Those ordering from within India can send a check for Rs 1400/- (includes Rs 150 for forwarding).

Vinod Kothari
1012 Krishna
224 AJC Bose Road
Calcutta 700 017
India