A Review of Credit Default Information and its Derivatives Pricing Standard
Pu Gong
Abstract
Pu Gong
Abstract
Collecting and processing credit default information is a hot issue in China,and is also a growing concern in academic circles and industries.The authors review the problem from the pricing standard perspect and the model to deal with credit default events with the hope of providing some new ideas to collect and process the credit default information and price the credit derivatives
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Collecting and processing credit default information is a hot issue in China,and is also a growing concern in academic circles and industries.The authors review the problem from the pricing standard perspect and the model to deal with credit default events with the hope of providing some new ideas to collect and process the credit default information and price the credit derivatives
Key concepts: Credit derivative, Credit default swap index, Credit default swap, Business, Actuarial science, iTraxx, Credit valuation adjustment, Process (computing)