The handbook of european structured financial products frank j. The handbook of financial instruments provides the most comprehensive coverage of. Romance, polar, litterature, histoire erotique, science fiction, thriller, policier, fantastique. The notes involve risks not associated with an investment in ordinary debt securities. I thank all of the contributors to this book for their willfrank j.
The resultant model leads to non exact expressions for pricing. It is structured as a security with an embedded credit default swap allowing the issuer to transfer a. Finance professionals will welcome frank fabozzis handbook of structured finance products. Such a cln can be structured by a note and a basket default swap bds. Part three of the book, chapters 5 to 9, focuses on structuring. Part two chapters 3 and 4 is a primer on prepayment and default metrics and behavior. The emphasis in this part of the book is on the details of structuring, with an emphasis on defining both differences and commonalities across various mortgage products and techniques. A credit linked note cln is a form of funded credit derivative. Neither erste group nor any third party shall offer access to the websites or offer the products to especially, but not limited to citizenresidents of the united states. In the prospectus, nordea refers to the product as a creditlinked note. The handbook of european structured financial products. A credit default swap cds is a particular type of swap designed to transfer the credit exposure of fixed income products between two or more. Product primer, the journal of structured finance, 12, 6777. Credit linked notes erste group bank ag in germany.
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