Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download The Swap Market In 1990 full books in PDF, epub, and Kindle. Read online The Swap Market In 1990 ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author :
Publisher :
ISBN 13 :
Total Pages : 752 pages
Book Rating : 4.:/5 (91 download)
Download or read book The Swap Market in 1990 written by and published by . This book was released on 1990 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 752 pages
Book Rating : 4.:/5 (85 download)
Download or read book The Swap Market in 1990 written by and published by . This book was released on 1990 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ádám Kóbor
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.F/5 ( download)
Download or read book What Determines U.S. Swap Spreads? written by Ádám Kóbor and published by World Bank Publications. This book was released on 2005 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: References p. 45-47.
Author : Brendan Brown
Publisher : Routledge
ISBN 13 : 1351360566
Total Pages : 138 pages
Book Rating : 4.3/5 (513 download)
Download or read book The Economics of the Swap Market written by Brendan Brown and published by Routledge. This book was released on 2017-11-30 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1989, The Economics of the Swap Market looks at how the swap has become a commonplace tool for corporations throughout the OECD world to ‘lock-in’ interest rates on their borrowing. The aim of The Economics of the Swap Market, is to contribute to a redressing of the balance. Subjects covered include both those conventionally falling within the scope of micro-economics and of macroeconomics, beginning with an examination of the forces behind the take-off the swap market and a formal setting out of key arbitrage relationships which hold in equilibrium between the swap markets on international capital flow.
Author : Robert Alan Schwartz
Publisher : Irwin Professional Publishing
ISBN 13 : 9781556236822
Total Pages : 468 pages
Book Rating : 4.2/5 (368 download)
Download or read book Reshaping the Equity Markets written by Robert Alan Schwartz and published by Irwin Professional Publishing. This book was released on 1993 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Young Ho Eom
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (129 download)
Download or read book The Transmission of Swap Spreads and Volatilities in the International Swap Markets written by Young Ho Eom and published by . This book was released on 2002 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the Japanese yen and U.S. dollar interest rate swap markets during the period 1990-2000, by examining the spreads of the swap rates over comparable treasury yields (on Japanese Government Bonds (JGBs) and U.S. Treasury bonds, respectively) for different maturities. We then analyze the transmission of shocks in the swap spreads and their volatilities from one market to the other. Our main findings are: (1) the correlations between the yen and dollar interest swap spreads are low, indicating that the credit risk factor is country-specific, rather than global in nature, (2) the changes in the dollar interest rate swap spreads quot;Granger-causequot; the changes in the spreads of yen interest rate swaps for the long (10-year) maturities, but the causality does not run the other way, (3) yen swap spreads are highly correlated with the interest rate differentials between the two markets, and the interest rate differentials have a significant impact on subsequent movements in the yen swap spreads, (4) the transmission of the volatility of swap spreads is strong from the dollar to the yen markets and relatively weak in the other direction, and (5) shocks to the dollar swap spread have an asymmetric impact on the volatilities of the spreads in both the yen and dollar swap markets, i.e., an increase in the dollar swap spread leads to higher future volatility of the spreads in both swap markets, but a decrease does not. These empirical results suggest that specific institutional aspects, such as illiquidity and market frictions, may have affected the yen interest swap market more than its dollar counterpart.
Author : Robert Benewick
Publisher : UBC Press
ISBN 13 : 9780774806718
Total Pages : 306 pages
Book Rating : 4.8/5 (67 download)
Download or read book China in the 1990s written by Robert Benewick and published by UBC Press. This book was released on 1999 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now updated with a chapter-length afterword by the editors on the end of the Deng era and its aftermath, China in the 1990s provides a comprehensive survey of a nation in transition. An understanding of this complex process requires a multidisciplinary and multidimensional approach, which the editors have achieved by bringing together experts from Britain, the United States, Europe, Australia, and Hong Kong who examine China's economic, political, military, cultural and social achievements and problems. The difficulties China still faces are enormous, some of them of its own making: pollution, urban sprawl, the insecurity of food supplies, the risks of political authoritarianism and the perils of liberalisation. Its population is still growing dramatically and is likely to be 1.5 billion by 2015, three times what it was when the P.R.C. was established in 1949. But since embarking on a reform programme which, at the time seemed experimental and hard to reconcile with official ideology, it has gone from being the 'sick man of Asia' to being one of the world's largest and fastest developing economies in what now looks to be a remarkably effective and well-managed transition.
Author :
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.:/5 (318 download)
Download or read book Inside the Swap Market written by and published by . This book was released on 1988 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : The Joint Economic Committee
Publisher : Routledge
ISBN 13 : 1315485435
Total Pages : 1241 pages
Book Rating : 4.3/5 (154 download)
Download or read book China's Economic Dilemmas in the 1990s written by The Joint Economic Committee and published by Routledge. This book was released on 2016-09-16 with total page 1241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most students of contemporary China are familiar with the Joint Economic Committee studies on China, which have appeared periodically since 1967. This is the most recent study in the series (released in April, 1991). This volume follows the format of the previous studies, offering a broad sweep of its subject matter. The 50 chapters - contributed by Chinese scholars in government, universities and private research centres - are divided into five major parts. Each section begins with an overview which summarises and comments on the main points in each of the chapters. The volume offers a detailed examination of China's economy, and the political and social factors currently facing the leadership in Beijing.
Author : Nicolas Beilke
Publisher : GRIN Verlag
ISBN 13 : 3638605965
Total Pages : 71 pages
Book Rating : 4.6/5 (386 download)
Download or read book Hedging with Interest Rate Swaps and Currency Swaps written by Nicolas Beilke and published by GRIN Verlag. This book was released on 2007-02-04 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, Reutlingen University (sib - school of international business Reutlingen), course: International Financing, language: English, abstract: Risk management within companies is getting more and more important. The reasons for this development are varied. The most important factor is doubtless the internationalisation of companies. Acting on international markets offers on the one hand numerous chances for an enterprise but on the other hand it also holds an additional risk potential concerning losses. This negative aspect is mainly caused by a lack of information regarding political risk and exchange rate risk. Risk management is also necessary referring to change in interest rates. It is possible to limit, control and organize the interest rate risk as well as other risks of the company. As the financial outcome of a company gains importance risk management concerning interest rates and exchange rates is thus essential. To face these risks and other problems that derive of variations in stock markets, interest markets or exchange markets derivative instruments play a significant role. In April 2003 the International Swaps and Derivatives Association (ISDA) published a survey of derivatives usage by the world’s 500 largest companies. According to this study 85% of the companies use derivatives to help manage interest rate risk and 78% of them use derivatives to help manage currency risk. Only 8% of the 500 largest companies do not use derivatives. There are many different kinds of financial instruments which are very complex in their function. This paper has its focus on interest rate and currency swaps. By using these instruments it is possible to hedge interest rate risks or currency risks. The first chapter gives an overview about existing derivatives and about the structure and function of swaps. Moreover the different kinds of traders with emphasis on hedging will be described. Afterwards the impact of interest risks on companies as well as OTC instruments that are used for hedging are explained. Subsequently the definition of an interest rate swap follows plus the application of this instrument with regard to hedging. In chapter five the currency risk management and types of exchange rate risks are illustrated. After that it will be explained how to hedge these exchange rate risks. The paper then gives a description of currency swaps and their application. Reasons for swaps in general as well as possible risks will also be pointed out. [...]
Author : Khosrow Fatemi
Publisher : Routledge
ISBN 13 : 0415538807
Total Pages : 298 pages
Book Rating : 4.4/5 (155 download)
Download or read book Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking and Finance) written by Khosrow Fatemi and published by Routledge. This book was released on 2012-05-25 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.
Author :
Publisher :
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.:/5 (319 download)
Download or read book China's Economic Dilemmas in the 1990s written by and published by . This book was released on 1991 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard R. Flavell
Publisher : John Wiley & Sons
ISBN 13 : 0470661801
Total Pages : 393 pages
Book Rating : 4.4/5 (76 download)
Download or read book Swaps and Other Derivatives written by Richard R. Flavell and published by John Wiley & Sons. This book was released on 2012-03-30 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Richard Flavell has a strong theoretical perspective on swaps with considerable practical experience in the actual trading of these instruments. This rare combination makes this welcome updated second edition a useful reference work for market practitioners." —Satyajit Das, author of Swaps and Financial Derivatives Library and Traders and Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives Fully revised and updated from the first edition, Swaps and Other Derivatives, Second Edition, provides a practical explanation of the pricing and evaluation of swaps and interest rate derivatives. Based on the author’s extensive experience in derivatives and risk management, working as a financial engineer, consultant and trainer for a wide range of institutions across the world this book discusses in detail how many of the wide range of swaps and other derivatives, such as yield curve, index amortisers, inflation-linked, cross-market, volatility, diff and quanto diffs, are priced and hedged. It also describes the modelling of interest rate curves, and the derivation of implied discount factors from both interest rate swap curves, and cross-currency adjusted curves. There are detailed sections on the risk management of swap and option portfolios using both traditional approaches and also Value-at-Risk. Techniques are provided for the construction of dynamic and robust hedges, using ideas drawn from mathematical programming. This second edition has expanded sections on the credit derivatives market – its mechanics, how credit default swaps may be priced and hedged, and how default probabilities may be derived from a market strip. It also prices complex swaps with embedded options, such as range accruals, Bermudan swaptions and target accrual redemption notes, by constructing detailed numerical models such as interest rate trees and LIBOR-based simulation. There is also increased discussion around the modelling of volatility smiles and surfaces. The book is accompanied by a CD-ROM where all the models are replicated, enabling readers to implement the models in practice with the minimum of effort.
Author : Young Ho Eom
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (129 download)
Download or read book The International Linkage of Interest Rate Swap Spreads written by Young Ho Eom and published by . This book was released on 2002 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we investigate Japanese yen and U.S. dollar interest rate swap markets during the period 1990-99. We measure the spreads of the swap rates over comparable treasury yields (on Japanese Government Bonds (JGBs) and U.S. Treasury bonds, respectively) for different maturities. We then analyze the relationship between the swap spreads in the two markets.Our main empirical results are that: (1) the correlations between yen and dollar interest swap spreads are low, indicating that the credit risk factor is country-specific, rather than global in nature, (2) dollar interest rate swaps quot;Granger-causequot; the changes in the spreads of yen interest rate swaps for the long (ten-year) maturities, but the causality does not run the other way, and (3) yen swap spreads are highly correlated with the interest rate differentials between the two markets, and the interest rate differentials have a significant impact on subsequent movements in the yen swap spreads. These empirical results indicate that the specific institutional aspects of the yen fixed income market, such as illiquidity and market frictions, may have affected the yen interest swap rate and the swap spread.
Author : Howard Corb
Publisher : Columbia University Press
ISBN 13 : 0231159641
Total Pages : 624 pages
Book Rating : 4.2/5 (311 download)
Download or read book Interest Rate Swaps and Other Derivatives written by Howard Corb and published by Columbia University Press. This book was released on 2012 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first swap was executed over thirty years ago. Since then, the interest rate swaps and other derivative markets have grown and diversified in phenomenal directions. Derivatives are used today by a myriad of institutional investors for the purposes of risk management, expressing a view on the market, and pursuing market opportunities that are otherwise unavailable using more traditional financial instruments. In this volume, Howard Corb explores the concepts behind interest rate swaps and the many derivatives that evolved from them. Corb's book uniquely marries academic rigor and real-world trading experience in a compelling, readable style. While it is filled with sophisticated formulas and analysis, the volume is geared toward a wide range of readers searching for an in-depth understanding of these markets. It serves as both a textbook for students and a must-have reference book for practitioners. Corb helps readers develop an intuitive feel for these products and their use in the market, providing a detailed introduction to more complicated trades and structures. Through examples of financial structuring, readers will come away with an understanding of how derivatives products are created and how they can be deconstructed and analyzed effectively.
Author : Christine Husnak
Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (843 download)
Download or read book The Swap Market written by Christine Husnak and published by . This book was released on 1985 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Khosrow Fatemi
Publisher : Routledge
ISBN 13 : 113626745X
Total Pages : 297 pages
Book Rating : 4.1/5 (362 download)
Download or read book Foreign Exchange Issues, Capital Markets and International Banking in the 1990s (RLE Banking & Finance) written by Khosrow Fatemi and published by Routledge. This book was released on 2012-10-12 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.
