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Bus/Financial - Finance (general) | | English term or phrase: single-name | The minimum requirements for guarantees are relevant also for single-name credit
derivatives. Additional considerations arise in respect of asset mismatches. The criteria used
for assigning adjusted borrower grades or LGD estimates (or pools) for exposures hedged
with credit derivatives must require that the asset on which the protection is based (the
reference asset) cannot be different from the underlying asset, unless the conditions outlined
in the foundation approach are met. |
| cristi gontariuKudoZ activityQuestions: 154 (none open) ( 2 without valid answers) ( 4 closed without grading) Answers: 12
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| | Selected response from:
 Mihaela Sinca
Local time: 13:54
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