![Credit default swap structure, CDS chain and bear raid. Note: Direction... | Download Scientific Diagram Credit default swap structure, CDS chain and bear raid. Note: Direction... | Download Scientific Diagram](https://www.researchgate.net/publication/257004831/figure/fig2/AS:362325908443137@1463396636192/Credit-default-swap-structure-CDS-chain-and-bear-raid-Note-Direction-of-CDS-sale-or.png)
Credit default swap structure, CDS chain and bear raid. Note: Direction... | Download Scientific Diagram
Ming Zhao on X: "1/ Definition A Credit Default Swap (CDS) is a bet on a company/country's chance of defaulting, i.e. a put option on a bond. CDS seller: "ABC won't default."
![Credit Default Swap (CDS). We are often worried when we lend money… | by Farhad Malik | FinTechExplained | Medium Credit Default Swap (CDS). We are often worried when we lend money… | by Farhad Malik | FinTechExplained | Medium](https://miro.medium.com/v2/resize:fit:432/1*WTjoiBI_jCGuE0GVo3tMoA.png)