PREVIEW

... sounds a bit off, but major funds deal in 10 billion dollars, not won. So yeah, by those standards, it was tiny.

And since we only got a 500 million won premium out of that first CDS transaction, it felt even smaller. Honestly, it didn’t do much for Daehwa Investment Bank.

The real payoff came after.

[New Financial Product Emerges in East Asian Markets: What is a Credit Default Swap?]

[Nomura Securities Signs Additional CDS Deal with Daehwa Investment Bank...]

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