Credit derivatives revised edition explains these tools simply clearly and rigorously what they do how they work and how to use them in todays applications the authors first show how credit risk can be measured and valued. Credit derivatives revised edition fills the gap explaining the credit risk market clearly and simply in language any working financial professional can understand the authors first explain the underlying principles of credit and the various risks associated with extending loans and other types of credit. Credit derivatives revised edition a primer on credit risk modeling and instruments 2 e chacko sjoman motohashi dessain isbn 10 0133249190 o isbn 13 9780133249194 c2016 o epub o available more info students buy access. Curing credit risk credit derivatives several methods and instruments for handling credit risk have been developed over the years of course the easiest way to avoid credit risk is to refuse making a loan although this may be a pretty infallible method of credit enhancement it eliminates the possibility of making any kind of a profit. 2 about credit risk 9 part ii credit risk modeling 61 3 modeling credit risk 63 structural approach 4 modeling credit risk 123 alternative approaches part iii typical credit derivatives 149 5 credit default swaps 151 6 collateralized debt obligations 197 7 applications of credit derivatives and financial engineering 255 index 283