Can I read Understanding Interest Rate Swaps on EtoBox?

Understanding Interest Rate Swaps by Luca Dibo is a document available to read on EtoBox.

What is Understanding Interest Rate Swaps about?

The document discusses interest rate swaps (IRS). It defines an IRS as an agreement between two counterparties to exchange a series of cash flows on pre-agreed dates based on either a fixed or floating interest rate. The most common type is a plain vanilla swap where one side pays a fixed rate and the other pays a floating rate based on LIBOR. The document provides examples of cash flows under hypothetical IRS contracts and notes that an IRS can be replicated by a portfolio of forward rate agreements or bon

Author

Luca Dibo

Language

EN