Description

This short, high-level introduction to Credit Default Swaps (CDS) provides a foundational understanding of how CDS work, who uses them, and a brief look at CDS indexes and CDS swaptions, without delving into technical details.

Learning Objectives

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1. Recall how CDS work.
2. Determine who uses CDS.
3. Recall the function of CDS indexes and CDS swaptions.