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Credit-default swaps on British Airways fell 51 basis point to 3 57


01:30 Aug 10, 2008Login or register (free) for more options.
English to Chinese translations [PRO]
Aerospace / Aviation / Space / 航空
English term or phrase: Credit-default swaps on British Airways fell 51 basis point to 3 57
Credit-default swaps on British Airways fell 51 basis point to 357, according to CMA Datavision prices at 11:55 am in London.
gyaoshan
China


Summary of answers provided
5credit-default swaps
lemonde


  

Answers


1 hr   confidence: Answerer confidence 5/5
credit-default swaps on british airways fell 51 basis point to 3 57
credit-default swaps


Language variant: 信用违约互换

Explanation:
信用违约互换(credit default swap,CDS)是国外债券市场中最常见的信用衍生产品。在信用违约互换交易中,违约互换购买者将定期向违约互换出售者支付一定费用(称为信用违约互换点差),而一旦出现信用类事件(主要指债券主体无法偿付),违约互换购买者将有权利将债券以面值递送给违约互换出售者,从而有效规避信用风险。由于信用违约互换产品定义简单、容易实现标准化,交易简洁,自90年代以来,该金融产品在国外发达金融市场得到了迅速发展。


    Reference: http://en.wikipedia.org/wiki/Credit_default_swap
    Reference: http://wiki.mbalib.com/wiki/Credit_Default_Swap
lemonde
China
Local time: 05:01
Native speaker of: Native in ChineseChinese
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