Useful really. How can a bank use these every day PnL calculations? In any case the prices will swing everyday and there'll be both revenue or decline as per the calculation. So, How does a bank use these daily PnL calculations? $endgroup$ $begingroup$ I estimate everyday pnl on the CDS https://remingtonxunft.blogdomago.com/32984730/examine-this-report-on-pnl