The CDS and the Government Bonds Markets During the Last Financial Crisis
Financial market had developed a special instrument to insure the buyers of bonds. This instrument is so called Credit Default Swap (CDS). The CDS price is a kind of insurance premium that the buyer of CDS pays to the seller of CDS in exchange for compensation of possible loss in operation. Paper an...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2015-11-01
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Series: | Zagreb International Review of Economics and Business |
Subjects: | |
Online Access: | https://doi.org/10.1515/zireb-2015-0007 |