Settlement: Revision history

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21 March 2023

  • curprev 10:3910:39, 21 March 2023DrKazza talk contribs 1,240 bytes +1,240 Created page with "Originally CDS was designed to be vaguely similar to an Insurance Contract so that when a Credit Event was determined the buyer of Protection would Physically Settle the contract, that would involve delivering some defaulted bonds or loans and in exchange they would receive the Notional Amount of the contract, so for example 10 million USD of bonds which may only be worth 3.5 million USD would be delivered and the seller of protectio..." Tag: Visual edit