PT  - JOURNAL ARTICLE
AU  - Antulio N. Bomfim
TI  - Credit Derivatives and Their Potential to Synthesize Riskless Assets
AID  - 10.3905/jfi.2002.319328
DP  - 2002 Dec 31
TA  - The Journal of Fixed Income
PG  - 6--16
VI  - 12
IP  - 3
4099  - https://pm-research.com/content/12/3/6.short
4100  - https://pm-research.com/content/12/3/6.full
AB  - The credit derivatives market may help shape the overall financial markets for years to come. This is an overview of the credit derivatives market and an assessment of its future potential in the creation of private sector instruments. That these instruments are virtually free of default risk may be appealing to investors who now favor the safety of U.S. Treasury securities.