CFA L1 Fixed Income: Credit Risk
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt Play1/14
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
15 Terms
Credit risk definition
What are the five bottom-up risks of credit? All start with C (memorize!)
Illiquidity risk definition
Insolvent definition
Expected exposure, recovery rate, loss given default, probability of default, and how to get to expected loss.
Credit spread relationship with LGD and POD
Higher or lower profitability leads to higher POD? What about for coverage and leverage?
Credit rating encapsulates what?
Credit rating risk
Credit spread risk definition
Macro factors affecting credit spread risk
Three other factors affecting credit yield spreads?
How does liquidity impact yield spreads?
Issuer specific impacts on credit yield spread
Price impact on the spread
