SWAP Currency and Interest Rate - 现代金融市场概论教学课件PPT.pptVIP

swap Currency Interest Rate Currency Interest Rate Swaps This chapter discusses currency and interest rate swaps, which are relatively new instruments for hedging long-term interest rate risk and foreign exchange risk. Outline Types of Swaps Size of the Swap Market The Swap Bank Interest Rate Swaps Currency Swaps Outline (continued) Swap Market Quotations Variations of Basic Currency and Interest Rate Swaps Risks of Interest Rate and Currency Swaps Swap Market Efficiency Concluding Points About Swaps Definitions In a swap, two counterparties agree to a contractual arrangement wherein th