luottoswapit
Luottoswapit, also known as credit default swaps (CDS), are financial derivative contracts that allow investors to "swap" or offset their credit risk with that of another investor. Essentially, a buyer of a credit default swap makes periodic payments to the seller. In return, the seller agrees to pay the buyer a specified amount if a particular debt instrument defaults. This debt instrument could be a bond or a loan.
The primary purpose of a luottoswap is to protect against the risk of default. An investor holding
Luottoswapit can also be used for speculative purposes. Investors who believe a particular company or government
The market for luottoswapit is largely over-the-counter (OTC), meaning trades are negotiated directly between two parties