{"product_id":"credit-risk-in-selected-derivative-willem-reitsma-9786208478063","title":"Credit Risk in Selected Derivative Instruments. 2nd Edition","description":"Derivative instruments are used daily by banks to provide hedging to clients and to generate profits from trading. To facilitate the use of derivatives, credit facilities are allocated to clients and counterparties. The methods to determine the credit risk associated with these instruments have gone through a number of evolutionary phases. The first phase involved the use of the notional amount of the outstanding derivative instrument. The second phase involved a percentage of the outstanding notional amount of the derivative instrument. The third phase involved the marked-to-market value of the instrument and was further expanded to include a value for the potential future exposure during the remaining life of the outstanding instrument. The fourth phase and current phase involves the aggregation of a counterparty's risk across different instrument types taking into consideration correlation of price factors to arrive at a net exposure. This study was undertaken to discuss these phases as they are applicable to two derivative instruments. These instruments are interest rate swaps and forward foreign exchange contracts.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Willem Reitsma\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 6208478065\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9786208478063\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e LAP Lambert Academic Publishing\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/25\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 280\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.83lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.63d","brand":"Willem Reitsma","offers":[{"title":"Paperback","offer_id":49000971534591,"sku":"9786208478063","price":107.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/credit-risk-in-selected-derivative-willem-reitsma-9786208478063","provider":"WR Book House","version":"1.0","type":"link"}