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CDS

CDS is a Tradable that represents a credit default swap, whereby a fixed amount is paid (received) by the so called protection buyer (seller) in regular time intervals throughout the life of the swap in exchange for a single contingent payment.
The contingent payment is realized only if a predefined default event occurs before the swap's contractual maturity, in which case the swap is prematurely terminated.
In case the swap changes hands after its inception, the protection buyer receives the portion of the running coupon representing the amount accrued over the time before the protection started.

The credit default swaps may exhibit the following attributes:
CDS::Quote Type
CDS::Direction
CDS::Claim Type

The pricing methodology is specified in
Model[CDS]

The following
functions are also available within CDS:
CDS Functions

The following QuantLib issues have been identified:
Issue::CDS_SuitableCreditCurve