Introduction to Interest Rate Swaps
  • Introduction of Swaps
  • Interest Rate Swap Basics
  • Interest Rate Swap Contract Features
Risk Management of Floating Rate Liabilities
  • Fixed for Floating Interest Rate Swaps
  • Periodic Settlement Payments on Interest Rate Swaps
  • Hedging Cash Flow Uncertainty with Interest Rate Swaps
  • Net Interest Cost of a Synthetic Fixed Coupon Bond
OTC Clearinghouses
  • OTC Clearinghouses
  • Cleared Swaps Versus OTC Swaps Ex-Clearinghouse
  • Functioning of OTC Clearinghouses
Swap Pricing and Valuation
  • Terminating a Swap Before Maturity
  • Interest Rate Swap Pricing
  • Pricing Fixed for Floating Interest Rate Swaps
  • Valuing Swaps, Hedging Cash Flow Uncertainty
Risk Management with Interest Rate Swaps
  • Managing the Cash Flow Risk of Fixed and Floating Rate Assets
  • Basis Swaps (Fixed Versus Floating Swaps)
  • Capital Market Equivalents for the Fixed and Floating Rate Payers
  • Value Hedging, Asset Swaps
  • Variations in the Structure of Interest Rate Swaps
  • Structuring and Pricing Basis Swaps