Recovery swap
id:
recovery-swap-302-12927584
title:
Recovery swap
text:
In finance, recovery swaps, recovery locks, or recovery default swaps (RDS) are derivative contracts related to credit default swaps, and reference a bond issuance as its underlying. They are designed to provide a hedge against the uncertainty of recovery in default. The International Swaps and Derivatives Association does not keep records on the size of the recovery swap market because there has not yet been sufficient member demand.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Recovery_swap
date created:
date modified:
2019-12-29T08:12:36Z
main entity:
{"identifier":"Q7303023","url":"https://www.wikidata.org/entity/Q7303023"}
image:
fields total:
13
integrity:
13