Manage Credit Default Swaps

In the Credit Default Swap panel, you can manually add and change a credit default swap. A credit default swap is a credit derivative that is designed to transfer the credit exposure of fixed income products between parties. The buyer of a credit default swap receives credit protection, while the seller of the swap guarantees the credit worthiness of the product. This means that the risk of default is transferred from the holder of the fixed income security to the seller of the credit default swap.
This article assumes you are familiar with the entity elections that have been made for processing credit default swaps.