Wednesday \u00a0November\u00a023 2011
\n13:00
\nScuola Normale Superiore
\nAula Bianchi<\/p>\n
Umberto Cherubini<\/strong> Abstract<\/strong><\/p>\n We discuss the peculiarity of the CDS tool in the realm of credit derivatives. We show how to use such products for the hedging of credit risk and for synthetic creation of it. We show how to use CDS quotes to bootstrap the term structure of the implied probability of default of an obligor. We finally discuss the relevance of the market in which CDS are traded, which is Over-The-Counter. As an illustration we provide a case of CDS used in the funding of a municipal entity.<\/p>\n Download Flyer<\/strong><\/a>\u00a0Download Slides<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Wednesday \u00a0November\u00a023 2011 13:00 Scuola Normale Superiore Aula Bianchi Umberto Cherubini Universit\u00e0 di Bologna Abstract We discuss the peculiarity of the CDS tool in the realm of credit derivatives. We show how to use such products for the hedging of credit risk and for synthetic creation of it. We show how to use CDS quotes […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"_links":{"self":[{"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/posts\/431"}],"collection":[{"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":3,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"predecessor-version":[{"id":715,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/posts\/431\/revisions\/715"}],"wp:attachment":[{"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mathfinance.sns.it\/index.php\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nUniversit\u00e0 di Bologna<\/span><\/p>\n