Which ofthe following is not listed as an International Swaps and Derivatives Association default trigger for payrnent under a credit default swap?
　　A. A downgrade from a ratings agency.
　　B. Bankruptcy.
　　C. Obligation default.
　　D. Failure to Pay.
　　Answer:A
　　Bankruptcy, obligation default, and failure to pay are listed as default triggers by the International
　　Swaps and Derivatives Association. A downgrade from a ratings agency is not.