Credit Default Swaps : Frequently Asked Questions.

Defines credit default swaps in which one party promises to pay another party if a third party defaults. Explains their use by banks for risk management, and discusses potential for systemic risk.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2009.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Credit. Risk assessment. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Defines credit default swaps in which one party promises to pay another party if a third party defaults. Explains their use by banks for risk management, and discusses potential for systemic risk.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.