of Credit Derivatives
Derivatives: Market Info and awareness
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Credit Derivatives and
By Vinod Kothari
response from all over the World!!
Kothari never ceases to amaze me. Whereas other books and articles
Name of the book: Credit Derivatives and Synthetic Securitisation
Price USD 75 (Seventy five US dollars); Special price in India (not for export) Rs. 1250/-
Credit Derivatives and Synthetic Securitisation
Credit derivatives, a device of structured trading in credit risks, emerged around 1993 and in a short span of 8 years has attained a global volume of USD 1.5 trillion. Credit derivatives are today used in global banking to transfer risks, clone debt securities, structure and leverage positions on credit assets, etc.
Add to it the device of securitisation, and credit risk becomes a commodity for the capital markets.
Cohesive and comprehensive guide:
Vinod Kothari’s treatise is consistent and cohesive being written by a single author (except for 2 chapters by guest contributors) – a feature that multi-author anthologies are regrettably found lacking.
And it is comprehensive – picking up the essential conceptual threads of credit derivatives, the author takes you through the nitty-gritty of synthetic securitisation with the help of several recent, real-life case studies. The discussion includes a lucid easy-to-read exposition of the legal, tax and accounting rules, including the latest accounting standards FAS 133/ IAS 39.
The case studies have been selected to represent various types of synthetic CDOs from recent transactions – and each highlights the developing life cycle of the synthetic CDO product.
Contents: For details contents, click here
Deliveries started on 25th July 2002 and we got a tremendous initial response. We send the book by DHL; for most parts of the world, it takes not more than 7 days for the book to reach you.
Though we strongly suggest payment by credit card, if you want to go the traditional way, send in an international banker's check for USD 100 favouring ACADEMY OF FINANCIAL SERVICES and mail it to the address below. Those ordering from within India can send a check for Rs 1400/- (includes Rs 150 for forwarding).
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