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English Abstract: This paper reviews the theory of Credit Default Swaps (CDS), the main characteristics of the CDS market, and how to estimate the non-default component of the yield spreads as the basis between the actual CDS premium and the hypothetical CDS premium implied by bond yields. We...
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Russian Abstract: В 2021 г. стабилизация макроэкономической ситуации вызвала рост объемов рынка микрофинансирования и результатов деятельности микрофинансовых...
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