CVA, DVA & Bank Q4 Earnings
Credit value adjustment is the amount subtracted from the mark-to-market value of derivative positions to account for the expected loss due to counterparty defaults. Debt value adjustment is basically CVA from the counterparty’s perspective.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts