Index Credit Default Swaps Explained | FRM Part 2 | Credit Risk
In this video, we explore Index Credit Default Swaps (Index CDS) - contracts that allow investors to buy or sell credit protection on multiple names using a single transaction. The video first explores the mechanics of a simple or single name CDS and then provides extensions for an index CDS.
For more videos and preparation resources aimed at FRM Part 2 preparations, please see the course page:
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