credit derivatives

1. Credit Derivative

2. Credit Derivative
 A credit derivative is a financial asset that allows parties to handle their
exposure to risk. Credit derivative consisting of a privately held, negotiable
bilateral contract between two parties in a creditor/debtor relationship. It
allows the creditor to transfer the risk of the debtor's default to a third party.

3. Credit default swap
 A credit default swap is a financial swap agreement that the seller of the CDS
will compensate the buyer in the event of a debt default or other credit
event. That is, the seller of the CDS insures the buyer against some reference
asset defaulting

6. Collateralized Debt Obligation (CDO)
 A collateralized debt obligation (CDO) is a complex structured finance
product that is backed by a pool of loans and other assets and sold to
institutional investors. A CDO is a particular type of derivative because, as its
name implies, its value is derived from another underlying asset

8. Total Return Swap
 A total return swap is a swap agreement in which one party makes payments
based on a set rate, either fixed or variable, while the other party makes
payments based on the return of an underlying asset, which includes both the
income it generates and any capital gains.

10. Credit linked notes(CLN)
 A credit linked note (CLN) is a form of funded credit derivative. It is
structured as a security with an embedded credit default swap allowing the
issuer to transfer a specific credit risk to credit investors. The issuer is not
obligated to repay the debt if a specified event occurs. This eliminates a
third-party insurance provider.

11. Credit linked notes(CLN)