Journal Article

Did you know? A primer on credit default swaps

Abstract: A credit default swap, an over-the-counter financial contract that allows for the transfer of credit risk from one party to another, is one way financial institutions mitigate and diversify credit risk.

Keywords: Swaps (Finance); Credit derivatives; Risk;

Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: Financial Update

Publication Date: 2008

Volume: 21

Issue: 2