The Influence Of The Macro Economic On CDS Credit In The Bankruptcy Process Based On Law In Indonesia

 If we talked about a credit default swap or we can say (CDS) is a credit derivative contract between two counterparties. The buyer makes periodic payments to the seller, and in return receives payment if the underlying financial instrument defaults or experiences a similar credit event. CDS may refer to a specific loan or bond obligation of a "reference entity," usually a corporation or government.