The risk that arises from the “unfavorable” change in bond values (or values of credit derivatives such as credit default swaps) in response to changes...

In relation to credit default swaps (CDS), it is the credit exposure of the swap at a given point in time. It...

In relation to credit default swaps (CDS), it is the credit exposure of the swap at a given point in time. It...

The change in the value of credit default swap (CDS) in reaction to a one basis point increase in the...

It stands for credit risk spread; a measure of credit default swap (CDS) value sensitivity. It measures the credit sensitivity...

In relation to credit default swaps (CDS), it is the credit exposure of the swap at a given point in...