Credit derivatives has become one of the fastest-growing areas of interest in global derivatives and risk management. Mark Anson takes the reader through an in-depth explanation of this investment tool that is used more and more to manage credit risk in banking and capital markets. Anson discusses everything from the basics of why credit risk is important to accounting and tax implications of credit derivatives. Key topics covered in this essential guidebook are: credit swaps; credit forwards; credit linked notes; credit derivatie pricing models. Anson also discusses the implications of credit risk management as well as credit derivative regulation.
Book Details:
- Author: Mark J. P. Anson
- ISBN: 9780470334409
- Year Published: 1999
- Pages: 223
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Credit derivatives has become one of the fastest-growing areas of interest in global derivatives and risk management. Mark Anson takes the reader through an in-depth explanation of this investment tool that is used more and more to manage credit risk in banking and capital markets. Anson discusses everything from the basics of why credit risk is important to accounting and tax implications of credit derivatives. Key topics covered in this essential guidebook are: credit swaps; credit forwards; credit linked notes; credit derivatie pricing models. Anson also discusses the implications of credit risk management as well as credit derivative regulation.
1. Why Credit Risk is Important; 2. Credit Options 3. Credit Swaps 4. Credit Forwards, Credit Linked Notes, and Other Credit Derivative Structures 5. Pricing Models for Credit Options 6. Credit Risk Management 7. Documentation and Regulation of Credit Derivatives 8.Accounting and Tax Implications of Credit Derivatives
About the Author
Mark J.P. Anson, PhD is the Portfolio Manager for the OppenheimerFunds Real Asset Fund. Prior to joining OppenheimerFunds, he was a Registered Options Principal in Equity Derivatives for Salomon Brothers Inc., and a practicing attorney specializing in the futures and derivatives markets. Dr. Anson is a frequent contributor to academic and professional publications on the topics of risk management, derivatives, and portfolio management. Dr. Anson earned his law degree from the Northwestern University School of Law and his PhD and Masters in Finance from the Columbia Graduate School of Business. He has also earned the Chartered Financial Analyst, Certified Public Accountant, and Certified Management Accountant degrees.