Choosing Between Interest Rate Swaps and Eurodollar Strips
Despite the flexibility to think of this hedge as either the hedge of the fixed rate asset or the hedge of funding rollovers, the accounting
Hedging Interest Rate Exposures under the Dodd-Frank Regime
For enterprises that currently use interest rate swap contracts under an ISDA master agreement that stipulates bi-lateral collateral adjustm
Hedging Currency Risk for Foreign Assets and Liabilities
A currency forward is simply an obligation to buy or sell a specified volume of currency units at a specified date for a specified price (ex
This Year’s Model – New Lending Practices and Related Accounting Concerns
The first pitfall to avoid is using a standard pay-fixed/receive-floating interest rate swap in conjunction with this loan. This plain-vanil
Long-Only Commodities Add Return? That’s Bull…..
The heart of my criticism of the long-only commodity funds is that they take long positions irrespective of any consideration of the basis.
Free Money
The issue gets a little more complicated when interest swaps are introduced into the equation. Interest rate swaps can be used to convert va