4 ms·
CDS are credit derivatives, not insurance contracts. There is credit insurance, but it only covers a company’s own receivables (or payables).
by occamrazor 4y ago
CDS are credit derivatives, not insurance contracts.
There is credit insurance, but it only covers a company’s own receivables (or payables).
- danielmarkbruce 4y agoPeople are absolutely using credit default swaps to insure against risk.