Essays about: "Cross-Currency Swap"
Found 4 essays containing the words Cross-Currency Swap.
-
1. Currency Basis Swap Valuation : Theory & Practise
University essay from Umeå universitet/Institutionen för matematik och matematisk statistikAbstract : Banks finance their operations in several ways, by shareholders equity, receiving deposits from customers and by borrowing from investors and other financial institutions. One widely used approach is to issue a bond. Bonds issued on the foreign capital markets is a way to increase the financing options and mitigate risk exposure. READ MORE
-
2. Implications of Multiple Curve Construction in the Swedish Swap Market
University essay from KTH/Entreprenörskap och InnovationAbstract : The global financial crisis of 2007 caused abrupt changes in the financial markets. Interest rates that were known to follow each other diverged. Furthermore, both regulation and an increased awareness of counterparty credit risks have fuelled a growth of collateralised contracts. READ MORE
-
3. The Double Covered Question - Do Swedish Covered Bonds Adhere to the Covered Interest Parity
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis looks at the adherence of Swedish covered bonds to the Covered Interest Parity theorem by performing an original data study. In the study real trading data from the Royal Bank of Scotland with matched swaps from ICAP are used. READ MORE
-
4. Curve Building and SwapPricing in the Presence of Collateral and Basis Spreads
University essay from KTH/Matematisk statistikAbstract : The eruption of the financial crisis in 2008 caused immense widening of both domestic and cross currency basis spreads. Also, as a majority of all fixed income contracts are now collateralized the funding cost of a financial institution may deviate substantially from the domestic Libor. READ MORE