Credit Derivatives: Focusing on the Indian Credit Derivatives Market

" really comprehensive [and] thorough treatise. an essential road map for students, investors, traders, and regulators of credit derivatives - Professor Sanjiv Das, William and Janice Terry Professor of Finance, Santa Clara University a very well-written introduction to credit derivatives. covers a wide swath of material on the topic and includes recent developments and regulations in India Professor Suresh Nair, Professor and Ackerman Scholar, University of Connecticut This book is a significant contribution to finance literature. It explains Credit Derivatives market in detail G. Gopalakrishna, Director, Centre for Advanced Financial Research and Learning (CAFRAL), Reserve Bank of India a timely and much-needed volume. A must-read for all serious students and practitioners of finance as well as policy-makers. Professor Rajesh Chakrabarti, Executive Director, Bharti Institute of Public Policy, Indian School of Business Bankers have been searching for a book like this. This book addresses a long-felt need for a complete handbook for credit derivatives. -N. S. Venkatesh, Executive Director, IDBI Bank; Former Managing Director and Chief Executive Officer of IDBI Gilts. A comprehensive one-stop reference on the subject with deep India focus. Credit Derivatives covers valuation and pricing of various credit derivative instruments, including their trading, structuring, cash and physical settlement, ISDA documentation, FAS and IFRS accounting treatment, and regulatory guidelines. Using real-world case studies, the book provides an all-inclusive overview of the global and Indian credit derivative market, their auction, and settlement process in the event of a default. The book also covers recent market changes such as the big-bang and the small-bang protocols. A must-read for students, teachers, and serious practitioners of finance. Credit Derivatives would be risk managers, traders, investment bankers, and policymakers. "