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:
https://www.finRGB.com/courses/frm-pa...