luottotappiolle
Luottotappiolle, also known as a "credit default swap" (CDS), is a financial derivative contract that allows investors to insure themselves against the risk of default by a borrower. The contract is typically structured between two parties: the protection buyer and the protection seller. The protection buyer pays periodic premiums to the protection seller in exchange for protection against the borrower's default. If the borrower defaults on their debt, the protection seller pays the protection buyer the face value of the CDS contract.
CDS contracts are commonly used by institutional investors, such as pension funds and insurance companies, to
The CDS market is regulated by financial authorities in many countries, including the United States and the
In recent years, the CDS market has been the subject of controversy due to its role in