Global Financial Stability Report, April 2006 : Market Developments and Issues - Chapter 2; The Influence of Credit Derivative And Structured Credit Markets on Financial Stability.

This paper examines the influence of credit derivative and structured credit markets on financial stability. Credit derivative and structured credit markets have grown rapidly in size and complexity in recent years. This paper reviews the growth of the credit derivative, the factors that have influe...

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:Global Financial Stability Report; Global Financial Stability Report ; No. 2006/003
Online Access:Full text available on IMF
Description
Summary:This paper examines the influence of credit derivative and structured credit markets on financial stability. Credit derivative and structured credit markets have grown rapidly in size and complexity in recent years. This paper reviews the growth of the credit derivative, the factors that have influenced their growth, how they have increasingly facilitated risk transfer, and their implications for financial stability. The paper also presents a discussion of policy implications and recommendations concerning these relatively new markets and related challenges.
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Physical Description:1 online resource (36 pages)
Format:Mode of access: Internet
ISSN:1729-701X
Access:Electronic access restricted to authorized BRAC University faculty, staff and students