Credit Derivatives - Possible Implications for Financial Stability
|
 |
|
|
|
| Author(s): | Hyldahl, Suzanne |
| Subject: | Financial markets and financial stability; Financial stability; Financial sector |
| Type: | Monetary Review, 4. Quarter 2001, page 39-51 |
| Year of publication: | 2001 |
| Date of publication: | 12/21/2001 |
Recent years have seen strong growth in the global market for credit derivatives, i.e. instruments that facilitate credit risk management by e.g. the banks. Wider use of credit derivatives may initially enhance financial stability, but there are also certain drawbacks.
|
