Home Part 2 CHARACTERISTICS OF CREDIT DEFAULT SWAPS AND DEVELOPMENT OF 5 YEAR CDS PRICES OF PORTUGAL AND SELECTED COUNTRIES

 

CHARACTERISTICS OF CREDIT DEFAULT SWAPS AND DEVELOPMENT OF 5 YEAR CDS PRICES OF PORTUGAL AND SELECTED COUNTRIES

 

 

Ľubomír Pinter, Emília Zimková,

University of Matej Bel, Faculty of Economics, Department of Finance and Accounting, Tajovského 10, Banská Bystrica, 974 01, Slovakia, tel. 00421 48 446 6322, e-mail addresses: This e-mail address is being protected from spambots. You need JavaScript enabled to view it , This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

Abstract

In the article we will try to define a credit default swap (CDS), while paying attention to the comparison of CDS with the insurance product. In the next section we will describe the developments in 5 year CDS prices of selected countries, with particular focus on Portugal. Also, we will realize a comparison of CDS and we will point out the development in prices of 5Y CDS in 2012, as well as their practical interpretation.

Keywords: credit; financial market; debt;


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