Swap & Derivative Financing

Swap & Derivative Financing addresses recent developments in the market and analyzes new swap structures. It explains the banking innovations, techniques, and players that spawned this financial revolution. This book discusses the structure and operation of all major swap markets in North America, Europe, and Asia as well as the economics and pricing of a wide variety of swap structures. It also features the techniques for hedging swaps and managing a swap inventory and how to use swaps to access low-cost funding and manage asset/liability positions.