Digital Default Swap Example for Free
Digital Default Swap (DDS) and Credit Recovery Swaps (CRS) belong to the family of credit derivatives and are advanced cousins of the plain vanilla Credit Default Swap (CDS). 1-DIGITAL DEFAULT SWAP (DDS): 1.1) Nature: A Digital CDS, also called a Digital Default Swap (DDS), is a simplified version of a regular CDS. DDS is simply […]