Structured Credit Products are one of today's fastest growing investment and risk management mechanisms, and a focus of innovation and creativity in the capital markets. The building blocks of these products are credit derivatives, which are among the most widely used products in finance. This book offers a succinct and focused deion of the main credit derivative instruments, as well as the more complex products such as synthetic collateralised debt obligations.
The book features:
Detailed product deions and analysis
Case studies on US, European and Asian transactions
Latest developments in synthetic structures.
Written in an accessible style by an acclaimed author in the field of finance, this book is aimed at the entire banking, securitisation and fund management market.
作者简介：
Moorad Choudhry is Head of Treasury at KBC Financial Products UK Limited in London. He previously worked as a government bond trader at ABN Amro Hoare Govett Limited and Hambros Bank Limited, and in structured finance with JPMorgan Chase Bank.
Foreword
Preface
Acknowledgements
About the Author
PART I: CREDIT RISK AND CREDIT DERVIATIVE INSTRUMENTS
Chapter 1 Credit Risk
Chapter 2 Credit Derivatives: Unfunded Instruments
Chapter 3 Credit Derivatives: Funded Instruments
Chapter 4 Credit Derivatives: Basic Applications
Chapter 5 Credit Derviatives: Pricing and Valuation
Chapter 6 Credit Default Swap Pricing
Chapter 7 The Asset Swap— Credit Default Swap Basic I
Chapter 8 The Credit efault Swap Basis II: Analyzing the Relationship between Cash and Synthetic Markets
PART II: STRUCTURED CREDIT PRODUCTS AND SYNTHETIC SECURITISATION
Chapter 9 An Introduction to Securitisation
Chapter 10 Synthetic Collateralised Debt Obligations
Chapter 11 Integrating Cash and Synthetic Markets: Multi-SPV Credit Hybrid CDO Structure
Chapter 12 Synthetic CDOS: Risk and Return
Chapter 13 Basic Principles in CDO Valuation and Cashflow Waterfall Models
Chapter14 Synthetic Mortgage-backed Securities
Chapter 15 Synthetic Conduit and Repackaged Transactions
Glossary
Index
