Credit Event
Posted By: TradersLog
An event such as a debt default or bankruptcy that will affect the payoff on a credit derivative. ISDA has published a definition of a credit event: http://www.credit-deriv.com/isdadefinitions.htm
An event such as a debt default or bankruptcy that will affect the payoff on a credit derivative. ISDA has published a definition of a credit event: http://www.credit-deriv.com/isdadefinitions.htm
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