什么是CDS

这是一个美国金融产品,中国目前还没有的,所以给你英文解释:

Certificate of Deposit - CD
A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified interest rate and can be issued in any denomination. CDs are generally issued by commercial banks.

Notes:
Technically, a certificate of deposit is a promissory note on which the maker is a bank.

CDs under $100,000 are called "small CDs" CDs for more than $100,000 are called "large CDs" or "jumbo CDs". Almost all large CDs, as well as some small CDs, are negotiable.

大虾们，别闹了CDS不是CD的复数形，是Credit Default Swap~~x信用违约掉期~~~
信贷违约掉期CDS--CREDIT DEFAULT SWAP是信贷衍生工具之一，合约由两个法人交易，一个称为买方（信贷违约时受保护的一方），另一个称为卖方（保障买方于信贷违约时损失）。当买方在有抵押下借款予第三者（欠债人），而又担心欠债人违约不还款，就可以向信贷违约掉期合约提供者买一份有关该欠债人的合约/保险。通常这份合约需定时供款，直至欠债人还款完成为止，否则合约失效。倘若欠债人违约不还款（或其他合约指定情况，令人相信欠债人无力或无打算依时还款），买方可以拿抵押物向卖方索偿，换取应得欠款。卖方所赚取的是倘若欠债人依约还款时的合约金/保险费。有些信贷违约掉期合约不需要以抵押物便向卖方索偿（理赔金额与保险费成正比），只需要欠债人破产（或其他合约指定情况）