Credit risk mitigation warrant

CRMW are tradable warrants that protect buyers from the default risk of the under- lying bond, so they are like credit default swaps (CDS), which are financial swap agreements in which the sellers of CDS receive payments from buyers to insure against the default of one or more underlying reference entities over a

CRMW are tradable warrants that protect buyers from the default risk of the under- lying bond, so they are like credit default swaps (CDS), which are financial swap agreements in which the sellers of CDS receive payments from buyers to insure against the default of one or more underlying reference entities over a