CRC Press Structured Credit Portfolio Analysis and CDOs Book

The financial industry is increasingly driven by credit products linked to underlying portfolios of loans, bonds, swaps, or asset-backed securities. As financial institutions use these tools to create specific long and short positions in credit risks, the need for advanced evaluation techniques grows. This book addresses the high demand for practical concepts applicable to the evaluation of structured credit products. Written from the perspective of practitioners, this volume applies mathematical concepts directly to structured credit products. It serves as a resource for understanding how to analyze credit-risky instruments within a growing market. Whether you are looking at baskets or CDOs, this text provides the necessary framework for evaluating complex financial structures. Part of the Chapman and Hall/CRC Financial Mathematics Series, it offers professional insights into the mechanics of credit risk and portfolio analysis.