Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library
Atlants.lv library
FAQ
2,49 € Add to cart
Add to Wish List
Want cheaper?
ID number:928572
 
Evaluation:
Published: 08.08.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Like any other financial derivative, credit derivatives provide payoff to the investor that depends upon the underlying default risk associated with any financial instrument, especially bank loans.
Of late, the growth in credit derivatives market has been phenomenal, especially in the United States and in European countries.
Going by the British Bankers' Association Survey the global credit derivatives market comprised nearly $1 trillion as of year 2000. Probably the greatest motivation behind such a growth has been due to the gap between commercial banks and other financial institutions such as insurance companies, mutual funds and other non-banking financial institutions so far as conventional bank loan market is concerned.
Traditionally, the loan market -- which offers higher rate of return than many other assets available elsewhere in the market -- is not accessible to other financial institutions. …

Load more similar papers

Atlants

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Draugiem.pase
Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from Atlants.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register