Accrual On Default
Key Accrual On Default in CDS refers to the boolean that determines whether or not the accrued coupon in a CDS is due in the event of a default.
TRUE means the protection buyer is obliged to pay the accrued coupon.
Key Accrual On Default in CDS refers to the boolean that determines whether or not the accrued coupon in a CDS is due in the event of a default.
TRUE means the protection buyer is obliged to pay the accrued coupon.