⺻ü Ű, γ ̴. ̸ ߵ ̶ ̰ܳ ִ ü° Ȳ ϴ ȴ. ⺻ ġ ʰ ũи ̺(ު) , Ƿδ ̱ Ģ Ἥ ̱ ̱ .
ѱ 1997 ȯ ֱ IMF(ȭ) ѱ 10 ⸸ ٽ ٺ ٷ 忡 ã ư ̺ ̴.
ٽ ũ(Risk, ) . ũ ֽ Ļǰ ݺ ū ظ ũ, å ڱ ٲ ս . ȸ ũ Ϸ ص . ũ ݰ ũ ɼ Ȯ ľϰ(, Measurement), ϱ ʿ (å, Pricing), ϰ ʵ ϴ ̴.
1992 ݸ ȭ ũ Ŀ, ũ ⺸ ε 㺸 ũ Ϸ ϴ ̺ ġߴ. ̿ ƻ縮 ſ ̷ٸ 㺸 ư, ε 㺸 ȴ. 븶һ(ة) ȭ ر ȯ⿴.
ũ ⺻ ⺻ ڻ ä ⸦ ġŰ ε, 3¥ ܱ ȭ 1 ̻ ν Ⱑ ʾҴ(Mismatching). TRS(total return swap) ä ͷ ٴ ߴٰ û ս Ҵ.
̷ óϾ ؿ Ͼ. CDS(credit default swap) 輺 ϰ ϰ, ſ 迡 ε㺸 ϰ, 3¥ ȭڱ ȭ ν Ƴ־. ̺ Ҵ ſ̴.
̰ ȯ̴. ǰ ʾ Ұ ƹ ǰϰ ü ̶ ̸ ó ƹ ϴٰ ص İ ε ִ. Ͼ ʵ 帧 Ȱϰ ϵ ϴ ȸ̰, ʴ ̸ ذϴ ȸ ȹ 籹 å.
ٺ Ȱ ߸ Ǯ, ȶ ٸ ߸ ģ. Ⱑ ݺǴ ѱ ε ٺ ִ. ϰ ϴ ڱ ڸ Ұ Ÿ ѱ ̻ Ǯ̵ż ȵȴ.