Sökning: "Tommy Olszamowski"

Hittade 1 uppsats innehållade orden Tommy Olszamowski.

  1. 1. The effect of changes in credit rating on CDS spreads: - An empirical study of European companies rated by Standard & Poor´s, Moody´s and Fitch

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Olof Made; Tommy Olszamowski; [2008]
    Nyckelord :CDS; Credit Default Swap; Credit Ratings; Event study; iTraxx; Europe;

    Sammanfattning : A company’s credit default swap spread is the cost per annum for protection against a default by the company. In this paper we investigate the effect of credit rating announcements on the credit default spreads in Europe. We find all announcement types except Downgrade to be statistically significant. LÄS MER