{"id":165485,"date":"2022-05-06T15:45:09","date_gmt":"2022-05-06T15:45:09","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/credit-derivative\/"},"modified":"2022-05-06T15:45:10","modified_gmt":"2022-05-06T15:45:10","slug":"credit-derivative","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/credit-derivative\/","title":{"rendered":"Credit Derivative"},"content":{"rendered":"<p>Credit derivatives are OTC derivative contracts that enable financial entities to trade and manage their credit risk (normally originating from a bond or a loan) by transferring it from one party (the protection buyer) to the other (the protection seller). Credit default swaps (CDS) are the most traded credit derivatives on the market; another widely exchanged credit derivatives are the Collaterised Debt Obligations (CDOs),Total Return Swaps and Credit Spread Derivatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A financial contract under which an agent buys or sells risk protection against the credit risk associated with a specific reference entity (or specified range of entities). For a periodic fee, the protection seller agrees to make a contingent payment to the buyer on the occurrence of a credit event (usually default in the case of a credit default swap).<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4248],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165485"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165485"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}