Centro de Documentacion de Fundación MAPFRE - CDS spreads and default risk : a leading indicator?

MAP20110036478

CDS spreads and default risk : a leading indicator? / Robert Grossman, Martin Hansen, Kevin DAlbert. — New York : Fitch Ratings, 2011

Sumario: Credit default swap (CDS) spreads have been gaining greater visibility as default risk indicators over the past several years. Fitch Ratings provides its ratings analysts with access to CDS pricing data as one of many analytical tools, and outliers whose spreads deviate significantly from peers may prompt further review of an individual credit. Some market participants also use CDS spreads to derive quantitative estimates of a company's probability of default (PD)

1. Riesgo crediticio . 2. Instrumentos financieros . 3. Incumplimiento de pago . 4. Seguro de crédito . I. Hansen, Martin . II. D'Albert, Kevin . III. Fitch Ratings .