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Cross-currency swaps

Markets

Creative Debt Hedging: Cross-Currency Swaps in the Greek and Italian Cases

Download PDF There’s a Yiddish proverb fittingly saying: “interest on debts can grow without rain”. How can this be? In an ultra-low-rate environment, debt has become ubiquitous to sail through the COVID-19 pandemic and so has the fear related to its sustainability. Countries have taken the center stage in the Read more…

By BSIC, 4 years25 April 2021 ago
Markets Old Articles

Dollar repatriation? Different story told by cross currency swap

Intro Cross-currency basis swaps, also known as basis swaps, are contracts in which two counterparties agree to exchange interest payments according to two floating rates as well as notional principals denoted in two different currencies. Theoretically, covered interest rate parity should hold in absence of arbitrage opportunities. Here S and Read more…

By BSIC, 7 years18 November 2018 ago

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