Essays about: "currency swap"

Found 5 essays containing the words currency swap.

  1. 1. Currency Basis Swap Valuation : Theory & Practise

    University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

    Author : Josef Larsson; [2017]
    Keywords : Currency Basis Swap; Valuation; FX-swap;

    Abstract : 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

  3. 2. Implications of Multiple Curve Construction in the Swedish Swap Market

    University essay from KTH/Entreprenörskap och Innovation

    Author : Erik Lidholm; Benjamin Nudel; [2014]
    Keywords : collateral; cross currency; discount curve; forward curve; forward starting; off-market; swap; Stibor; collateral; cross currency; diskonteringskurva; forwardkurva; forward starting; off-market; swap; Stibor;

    Abstract : 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

  4. 3. The Double Covered Question - Do Swedish Covered Bonds Adhere to the Covered Interest Parity

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Erik Andrén; Jonas Lind; [2013]
    Keywords : Covered Bond; Covered Interest Parity; Interest Parity; Cross-Currency Swap; Liquidity;

    Abstract : 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

  5. 4. Curve Building and SwapPricing in the Presence of Collateral and Basis Spreads

    University essay from KTH/Matematisk statistik

    Author : Simon Gunnarsson; [2013]
    Keywords : Curve building; swap; basis spread; cross currency; collateral;

    Abstract : 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

  6. 5. How Skanska can handle risks due to price fluctuations in commodity markets : Is it Economic Effective to Use a Commodity Hedge?

    University essay from Företagsekonomiska institutionen

    Author : Andrea Arppe; Fredrik Elfstadius; [2006]
    Keywords : ;

    Abstract : This thesis is written in commission for Skanska Financial Services (SFS), which is a support unit that services the multinational construction company Skanska AB and Skanska’s Business Units, and coordinates the Group’s relations with financial markets and institutions. Construction companies that undertake construction projects face a number of unique problems. READ MORE