White Paper I
This white paper summarizes the observations regarding credit risk pricing in India and highlights a few credit price arbitrage possibilities.
White Paper II
The white paper explains the large difference in credit pricing among instruments with similar default risk using the behavioural finance observation that investors value absolute certainty quite highly.
Scient Credit Assessment & Pricing Framework (SCAPFe)
SCAPFe summarizes our internal credit evaluation and pricing methodology for fixed income securities. We feel it’s important to perform credit analysis through different lenses—qualitative and quantitative, as well as fundamental and market-driven. SCAPFe is based on the following structure of pricing credit: