Augustin, Patrick; Subrahmanyam, Marti G.; Tang, Dragon … - In: Foundations and Trends(R) in Finance 9 (2014) 1-2, pp. 1-196
market efficiency, price discovery, information flow, and liquidity. Attention is also paid to the CDS-bond basis, the wedge …, including bond issuance, capital structure, liquidity management, and corporate governance. The sixth section analyzes how CDS …Credit default swaps (CDS) have been growing in importance in the global financial markets. However, their role has …