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Enterprise Credit Default Swaps and Market Discipline – Preliminary Analysis

Author

Listed:
  • Robert N. Collender

    (Office of Federal Housing Enterprise Oversight)

Abstract
The current paper explores the potential role of the rapidly expanding Credit Default Swaps (CDS) market as a potential source of information and discipline to enhance Enterprise safety and soundness.

Suggested Citation

  • Robert N. Collender, 2008. "Enterprise Credit Default Swaps and Market Discipline – Preliminary Analysis," FHFA Staff Working Papers 08-02, Federal Housing Finance Agency.
    • Handle: RePEc:hfa:wpaper:08-02
    as

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    File URL: https://www.fhfa.gov/sites/default/files/2023-04/2008-07_WorkingPaper_08-2_N508.pdf
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    File URL: https://www.fhfa.gov/research/papers/wp0802
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    References listed on IDEAS

    as
    1. Houweling, Patrick & Vorst, Ton, 2005. "Pricing default swaps: Empirical evidence," Journal of International Money and Finance, Elsevier, vol. 24(8), pages 1200-1225, December.
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    11. Haibin Zhu, 2006. "An Empirical Comparison of Credit Spreads between the Bond Market and the Credit Default Swap Market," Journal of Financial Services Research, Springer;Western Finance Association, vol. 29(3), pages 211-235, June.
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    13. Hull, John & Predescu, Mirela & White, Alan, 2004. "The relationship between credit default swap spreads, bond yields, and credit rating announcements," Journal of Banking & Finance, Elsevier, vol. 28(11), pages 2789-2811, November.
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    Full references (including those not matched with items on IDEAS)

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