目录：
1. Market growth, importance and prospects
2. The basic concepts 10
3. Arbitrage relationship and an introduction to survival probabilities
4. Mechanics for terminating contracts
5. Comparing CDS with the cash market
6. Why do cash and default market yields diverge?
7. Using CDS to enhance returns
8. Key structural considerations
9. How to value the Restructuring Credit Event
10. A guide to usage and valuation
11. Mechanics and investment rationale
12. Credit risks associated with CDS trades
13. How the BIS views CDS