a credit default swap

Polish translation: swap na zwloke w splacie kredytu

13:58 Oct 17, 2002

English to Polish translations [PRO]
Bus/Financial / insurance accounting

English term or phrase: a credit default swap

These securities, called replication synthetic asset transactions ("RSATs"), are a combination of a derivative and a cash security to synthetically create a third replicated security. These derivatives are not designated as hedges. As of December 31, 2001, 15 such RSATs, with notional amounts totaling $205 million, have been created through the combination of a credit default swap and a U.S. Treasury security. The Company records the premiums received on the credit default swaps in investment income over the life of the contract and changes in fair value are recorded in net investment gains and losses.

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Polish translation:swap na zwloke w splacie kredytu

Explanation:
swap na zwloke w splacie kredytu
www.nbp.pl/publikacje/materialy_i_studia/pl/Ms144.pdf

credit default swap - instrument finansowy zaliczany do kredytowych instrumentów pochodnych, umożliwiający ochronę inwestora przed skutkami ogłoszenia wstrzymania wypłaty należności (default) wynikających z emitowanego przez dany podmiot papieru dłużnego bądź kredytu. Rekompensatą dla strony przejmującej ryzyko jest okresowa opłata (fee) wyrażona w punktach bazowych od wartości nominalnej.
http://www.wne.uw.edu.pl/finanse/Artykuly/agnieszka_kruk-swa...

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Jacek Krankowski (X)

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swap na zwloke w splacie kredytu

Jacek Krankowski (X)

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swap na zwloke w splacie kredytu

Jacek Krankowski (X)
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