Why were credit derivatives developed? What advantages do they have over loan sales and securitizations, if any?
Answer to relevant QuestionsWhat is a credit swap? For what kinds of situations was it developed?What risks of securitization should the managers of lending institutions be aware of?When is a credit default swap useful? Why?What key roles do investments play in the management of a depository institution?How has the tax exposure of various U.S. bank security investments changed in recent years?
Post your question