Essays about: "Credit Default Swaps CDS"

Showing result 21 - 25 of 32 essays containing the words Credit Default Swaps CDS.

  1. 21. Stock Liquidity as a Determinant of Credit Default Swap Spreads

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Mehmet Caglar Kaya; Radu-Dragomir Manac; [2013]
    Keywords : Turnover Ratio; Amihud Illliquidity; Bid-Ask Spread; Default Risk; Stock Liquidity; Credit Default Swaps; Business and Economics;

    Abstract : This research investigates the effect of stock liquidity on credit default swap spreads. The relationship between stock liquidity and CDS spreads is tested empirically using a panel data of 82 companies spanning a period of 64 months. READ MORE

  3. 22. Too-Big-to-Fail: A Study on the Swedish Banking System during the Financial Crisis

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Henrik Nilsson; Sten Tärnbro; [2013]
    Keywords : Too-big-to-fail; Credit default swaps; CreditGrades; Financial crisis;

    Abstract : Too-big-to-fail is a highly debated subject that has gained widespread attention during the latest financial crisis of 2007-2009. Many negative externalities are associated with too-big-to-fail such as excessive risk-taking and overleveraging. In our paper, we present an overview of what too-big-to-fail is and its consequences. READ MORE

  4. 23. Merton's Model Explaining CDS Spreads - a panel data study of OMX Stockholm traded firms

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sandra Li Gustafson; Radu Mihai Milu; [2013]
    Keywords : Credit Risk; Credit Default Swap; CDS spread; Merton model; OMX Stockholm; Business and Economics;

    Abstract : Credit risk arises in almost all financial activities. One way to hedge and trade risk is to use Credit Default Swaps that act like an insurance against credit events. The value of the CDS is related to the probability of the reference entity defaulting. READ MORE

  5. 24. Modelling and Pricing Contingent Convertibles

    University essay from Göteborgs universitet/Graduate School

    Author : Per Alvemar; Philip Ericson; [2012-07-25]
    Keywords : Contingent Convertible Bonds; Contingent Convertible Capital; CoCos; Pricing; Credit Derivatives; Equity Derivatives; Credit Default Swaps CDS ; Bond Pricing;

    Abstract : Recent years financial turbulence has energized implementation of comprehensive regulatory standards on bank capital adequacy. Regulators demand more capital with loss absorbance properties and the Contingent Convertible bond, CoCo, has become an increasingly pop- ular way to gather such capital. READ MORE

  6. 25. Do Acquisition Announcements Have an Effect on the Acquiring Firm’s Credit Default Swap Spread?

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Markus Ahlberg; [2012-04-26]
    Keywords : Credit Default Swaps; Event Study; Mergers Acquisition; Information Content; Efficient Market Hypothesis;

    Abstract : Credit Default Swaps are a recent financial innovation that allow bond owners to minimize their credit risk exposure by purchasing an insurance on the bonds in their portfolio. By paying a quarterly fee to the protection seller, normally a financial institution, the protection insures that incase the issuer of bonds is unable to pay its interest; they will not lose any of their investment. READ MORE