1 Introduction: Credit Risk Modeling, Ratings and Migration Matrices 1.1 Motivation
1.2 StructuralandReducedFormMode ls
1.3 Basel II, Scoring Techniques and Internal Rating Sy stems
1.4 Rating Based Modeling and the Pricing of Bonds < BR id='CRLF'>1.5 Stability of Transition Matrices, Conditional Migration s and Dependence
1.6 CreditDerivativePricing
1.7 ChapterOutline

2 Rating and Scoring Tech niques
2.1 Ratings Agencies, Rating Processes and Factors
2.2 ScoringSystems
2.3 Discriminantanalysis2.4 LogitandProbitModels
2.5 Model Evaluation: Methods and Difficulties

3 The new Bas el Capital Accord
3.1 Overview
3.2 TheStanda rdizedApproach
3.3 TheInternalRatingsBasedApproach
3.4 Summary

4 Rating Based Modeling 4.1 Introduction
4.2 ReducedFormandIntensityMod els
4.3 TheCreditMetricsModel
4.4 The CreditR