About this document
Understanding Interest Rate Swaps by Siu Tat Man is a document available to read on EtoBox.
Chapter 7 discusses swaps, which are agreements to exchange cash flows at specified future times. It provides examples of interest rate swaps, including plain vanilla swaps, and explains typical uses such as converting liabilities and investments between fixed and floating rates. The chapter also covers valuation methods for swaps, including comparisons to bonds and forward rate agreements, and introduces currency swaps as a means to convert liabilities and investments across different currencies.
- Author
- Siu Tat Man
- Language
- EN