Credit default swaps
Divya Priya (student) (333 Points)
30 October 2020
What is credit default swaps?What are the norms?
2 Replies
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 30 October 2020
It's a swaping of credits with bank say you are unable to repay Ur borrower one can use CDS.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 30 October 2020
It helps in securing Ur credit rating.
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