Interest rate swaps

• Jan 30, 2019
• Finance

Swap Markets Explained: Interest Rate and Currency Swaps

Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 Series: Chapter 15 Review

A swap is an agreement between two parties to exchange a set of payments over time. The most common type swaps fixed interest rate payments for floating ones. Chapter 15 covers the different types of swaps, how they are priced, what risks they carry, and how the swap market nearly brought down the financial system.

• Jan 18, 2019
• finance-books

Pricing Relationships: Swaps, Options and the Forward Connection

This is Part 2 of our retelling of Chapter 2 from “Trading the Fixed Income, Inflation and Credit Markets: A Relative Value Guide” by Neil C. Schofield and Troy Bowler (Wiley, 2011, ISBN: 978-0-470-74229-7).

• Jan 16, 2019
• finance-books

Product Fundamentals: Bonds, Repos and Derivatives Explained Simply

Chapter 1 is the foundation. It covers all the products you need to know before the book gets into the actual trading strategies. If you already know bonds, repos, swaps, and options, you can skim. But honestly, a quick review never hurts.