Broadly speaking, the credit quality of a bank is its financial solvency as manifested in its ability to continue its...

The degree by which a natural or legal person is able to pay off its loans and meet its financial...

A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…

A credit default swap (CDS) in which the reference entity is not a third party. More specifically, the credit risk...

A credit default swap (CDS) in which the reference entity is not a third party. More specifically, the credit risk...

It stands for general wrong way risk; a type of wrong way risk (WWR) that comes into play because of...

A type of wrong way risk (WWR) that comes into play because of general market risk factors (macroeconomic factors) affecting...

In relation to credit derivatives, it is a curve (usually, positively sloped) that depicts the relationship between credit spread and...

A financial ratio that examines the adequacy of the cash left, after payment of interest, taxes and capital expenditures (CAPEX),...