#1
23rd March 2013, 11:59 AM
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CDS market size
Provide me information about a credit default swap market size.
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#2
23rd March 2013, 04:03 PM
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Re: CDS market size
As a result of such efforts, the most recent gross notional CDS amount reported (by DTCC) was $25.5 trillion and the net notional amount was $2.3 trillion as of December 31, 2010. A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a loan default or other credit event. The data, updated weekly, include gross and net notional amounts of all index transactions and of single-name transactions for the 1,000 most common reference entities. |