Discussion Paper

A Look Under the Hood How Banks Use Credit Default Swaps


Abstract: This note uses a unique dataset that matches banks' securities and loan portfolios to bank credit derivative transactions to characterize the basic features of how the largest banks in the U.S. use the single name CDS market in their investment portfolios.

https://doi.org/10.17016/2380-7172.1865

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2016-12-22

Number: 2016-12-22-1