The rate of payments made per year by the buyer is known as the CDS spread. Suppose that the CDS spread for a 5-year contract on Ford Motor Credit with a principal of $10 million is 300 basis points
The rate of payments made per year by the buyer is known as the CDS spread.Suppose that the CDS spread for a 5-year contract on Ford Motor Credit with aprincipal of $10 million is 300 basis points