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Cds Delivery Option Better Pricing Of Credit Default Swaps Boberski

  • SKU: BELL-5301332
Cds Delivery Option Better Pricing Of Credit Default Swaps Boberski
$ 31.00 $ 45.00 (-31%)

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Cds Delivery Option Better Pricing Of Credit Default Swaps Boberski instant download after payment.

Publisher: Bloomberg Press
File Extension: PDF
File size: 1.23 MB
Pages: 191
Author: Boberski, David
ISBN: 9781576602638, 157660263X
Language: English
Year: 2009

Product desciption

Cds Delivery Option Better Pricing Of Credit Default Swaps Boberski by Boberski, David 9781576602638, 157660263X instant download after payment.

For traders trying to navigate the increasingly volatile credit default swap market, CDS Delivery Option provides worked-out examples, over 30 charts, a case study of Delphi, and detailed explanations of how the subprime crisis caused the credit crisis and the near collapse of the GSEs.  The book includes detailed information on:
  • how to value a CDS contract
  • how to value the delivery option
  • how contract value changes when the yield curve flattens or becomes steeper
  • how contract value changes with bullish or bearish market moves
  • how to figure out when to buy protection and when to sell protection
  • how to hedge CDS risk
  • when and how to unwind a contract prior to settlement
  • when to hold a trade through delivery
  • how to navigate a "squeeze" (when the notional value of contracts going through delivery is larger than the supply of the cheapest-to-deliver issue)
  • when buying contracts can make their prices go down
  • how to construct a basis trade
  • how to find arbitrage opportunities
  • how to analyze default probability and corporate debt
  • when to settle via auction and when to settle via physical delivery
  • which note is the cheapest to deliver

This book is an indispensable resource for all market professionals working in the CDS market.

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