Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit $6. 4 billion (in notional amounts) from virtually nothing in 1995.
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Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit $6. 4 billion (in notional amounts) from virtually nothing in 1995.
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