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  • Introduction to Credit Derivatives
    like that. One thing to keep in mind is that no direct loss for a protection buyer of a credit derivative ... rating agencies and other institutions. Banks don't care. Banks don't buy 20-year corporate bonds. They're ...

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    • Authors: Michael J Hambro, Gregory Henke, Craig Fowler, Kevin Reimer
    • Date: Oct 2003
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Derivatives; Public Policy