3.4 Credit Derivatives

Credit derivatives are instruments under which the credit risk of a transaction (e.g. bankruptcy of a counterparty) is managed.

This part of the Guide consists of:

  • 3.4.1 "Legal opinion on the 2003 ISDA "Credit Derivatives Definitions" and the March 2009 Supplement";
  • 3.4.2 "Legal opinion on CDS "Big Bang" Protocol";
  • 3.4.3 "Legal opinion on CDS "Small Bang" Protocol"; and
  • 3.4.4 "Legal opinion on the 2014 ISDA "Credit Derivatives Definitions.""

Last Update Date 14 May 2014