Tag Archives: ccds

Contingent Credit Default Swaps (CCDS)

Story from IFR here on the movement to standardise the CCDS. A Contingent CDS provides protection on a range of underlying reference contracts, planned to include Interest Rate, FX and Commodity OTC products. You pay a premium, for the right to receive the PV of the reference transaction, see below. Page 35 of this PDF has […]

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