insolvency – BSIC | Bocconi Students Investment Club

Credit Default Swaps: indices, curves and their relationship to volatility

Download PDF Introduction Credit Default Swaps (CDSs) have had an interesting trajectory to say the least, starting out as a niche derivative, they rose to prominence after the Russian financial crisis of 1998, ballooning into a market worth an enormous $62.2 trillion in 2007. In 2008, this market promptly collapsed, Read more…

By BSIC, 5 years22 November 2020 ago

Corporate Finance

Running out of cash: short-term financing before and after the pandemic

Download PDF Introduction This article explores the short-term commercial financing landscape and the most important financial instruments therein. We elaborate on how the coronavirus affected short-term financing of SMEs and how institutions intervened to avoid large scale insolvencies. Subsequently, we detail the most important practices within trade finance and in Read more…

By BSIC, 5 years8 November 2020 ago