In this video, we explore Index Credit Default Swaps (Index CDS) contracts that allow investors to buy or sell credit protection on multiple names using a single transaction. The video first explores the mechanics of a simple or single name CDS and then provides extensions for an index CDS.

For more videos and preparation resources aimed at FRM Part 2 preparations, please see the course page:

https://www.finRGB.com/courses/frmpa...