Counterparty Credit Risk Introduction
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24.10.2020
Co-author
Affiliation
BMO
Main category
Social Sciences (Economics)
Abstract
Counterparty credit risk (CCR) refers to the risk that a counterparty to a bilateral financial derivative contract may fail to fulfill its contractual obligation causing financial loss to the non-defaulting party. It will be incurred in the event of default by a counterparty.
Further information
Further reading
Language
English
DOI
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