File:Cds paymentstream loss event.svg

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Description
English: Credit Default Swap (CDS) payment streams between Insurance seller and Insurance buyer. Buyer purchased a CDS at time t0 and makes regular premium payments at times t1, t2, t3, and t4. If the associated credit instrument suffered a credit event at t5, depicted as a red explosion, then the Insurance seller was obliged to pay the buyer, and the buyer would cease paying premiums. Otherwise, if no credit event occured, then the buyer would continue paying premiums at t5, t6 and so on until the end of the contract at time tn (see Image:Cds_paymentstream_noloss.svg).
Date
Source Original Image:Cds zahlungsfluss ausfall.svg uploaded by User:Gandi79 with summary "Andreas Griessner". w:en:User:84user translated it to English and modified it on the English wikipedia, and then moved it to Commons.
Author 84user
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(Reusing this file)
GFDL-SELF; original released under a GFDL (by the author, User:Gandi79); changes by 84user are in the public domain.
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Payments when no credit event occurs and buyer continues paying premiums
German language version for the loss case

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Gandi79, the copyright holder of this work, hereby publishes it under the following license:
GNU head Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License.
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Attribution: Gandi79
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current13:39, 28 October 2008Thumbnail for version as of 13:39, 28 October 2008540 × 380 (21 KB)84user (talk | contribs){{Information |Description={{en|Credit Default Swap (CDS) payment streams between Insurance seller and Insurance buyer. Buyer purchased a CDS at time t0 and makes regular premium payments at times t1, t2, t3, and t4. If the associated credit instrument su