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A credit default swap index is a credit derivative used to hedge credit risk or to take a position on a basket of credit entities. Unlike a credit default swap, which is an over the counter credit derivative, a credit default swap index is a completely standardized credit security and may therefore be more liquid and trade at a smaller bid–offer spread.
The Centrist Democrat International (CDI; Spanish: Internacional Demócrata de Centro, IDC) is a political international inspired by the values of Christian democracy. [2] Until 2001, it was known as the Christian Democrat International ( CDI ); before 1999, it was known as the Christian Democrat and People's Parties International . [ 2 ]