That default risk (cumulative probability of default) is measured through fluctuations in the company's CDS rating, and the height of that rating. The spread of each 5-year CDS is also listed.

Default probabilities are updated daily and include an annualized and cumulative default probability term structure out to 5 years.

We've picked the 25 who have had their CDS change the most since the April 20, and then ranked them by their cumulative probability of default, or CPD, as calculated by CMA Datavision.

CPD stands for cumulative probability of default, which means that according to the market, Argentina has an 84.5% chance of defaulting at some point in the next five years. Calculating these ...

The cumulative default probability of 27% or above makes these notes high-risk, high-return instruments.

Elia Berdin, Helmut Gründl, The Effects of a Low Interest Rate Environment on Life Insurers, The Geneva Papers on Risk and Insurance. Issues and Practice, Vol. 40, No. 3, SPECIAL ISSUE ON INSURANCE ...