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Par CDS Spread

The value of the running spread that makes the value of a CDS (credit default swap) contract equal to par....

Par Asset Swap Spread

The spread over LIBOR (or generally a floating rate) that is paid on the floating leg of an asset swap...

Par Spread

A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...

Gross Spread

In relation to credit spreads (in credit spread swaps, credit spread options, etc.), it is the difference between the credit...

Asset Swap Spread

A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...

CDS Par Spread

The spread that makes the value of a credit default swap (CDS) with the same maturity equal to zero at the present....