AAFM CWM_LEVEL_2 Question Answer
Section A (1 Mark)
These instruments rest on pools of credit derivatives that mainly insure against defaults on corporate bonds. The creators of these instruments do not have to buy and pool actual bonds but can create these instruments and generate revenues from selling and trading in them.
AAFM CWM_LEVEL_2 Summary
- Vendor: AAFM
- Product: CWM_LEVEL_2
- Update on: Jul 30, 2025
- Questions: 1259
