It stands for tranched portfolio default swap; a variation of collateralized debt obligations (CDOs) in which the exposure to the…

A bond that is associated with no risk (credit risk, default risk) over its term or time to maturity. In...

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...