One of the biggest risks taken by banks, whether retail or investment bank is credit risk, or the risk of nonpayment of the borrowers. To address this problem of bad debts, some tools were created such as credit derivatives, which are being increasingly used as a way of protection. The main function of a credit derivative is to protect investors and banks in their investment against adverse events such as nonpayment. Consequently the anticipated increase in demand for credit in Brazil will contribute to the protection through credit derivatives. So this work aims to make forecasts and reports on credit derivatives.