It stands for constant maturity credit default swap. It is a credit default swap that provides a hedge against default…
A constant maturity credit default swap (CMCDS) in which the rate is capped at a specific level. This swap combines…
A constant maturity credit default swap (CMCDS) in which the rate is capped at a specific level. This swap combines…
A swap that combines two offsetting credit default swaps (CDS): a regular CDS and a CMCDS (constant maturity credit default...