When a credit event occurs, settlement of the CDS contract can be either physical or in cash. In the past, credit events were settled via physical settlement.

A credit default swap (CDS) is a financial derivative that allows an investor to swap or offset their credit risk with that of another investor.

Credit default insurance is a financial agreement to mitigate the risk of loss from default by a borrower or bond issuer.

A credit event is a negative change in a borrower's capacity to meet its payments, which triggers settlement of a credit default swap (CDS) contract.

A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on money held for an agreed upon period of time.

May 4, 2023 · While single-name CDS market liquidity overall continues to decline, and all but a handful of reference entities are illiquid, market activity ...

The Credit Default Swap Index (CDX) is a benchmark index that tracks a basket of U.S. and emerging market single-issuer credit default swaps. Credit default ...

Credit default swaps allow investors to speculate on changes in CDS spreads of single names or of market indices such as the North American CDX index or the ...