Interesting hedge
Language: English Series: Estates Gazette ; (9218) 9 May 1992, 60(1)Publication details: 1992Subject(s): Summary: Describes swaptions, a hybrid between swaps and options, which allow borrowers to cover themselves against the risk of interest rates going up (or down) over a specified period. The purchaser has the choice to swap variable interest rates into fixed ones at an agreed rate, at a specified date in the future, for a pre-established period of time.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2819-32 (Browse shelf(Opens below)) | 1 | Available | 7214-1001 |
Describes swaptions, a hybrid between swaps and options, which allow borrowers to cover themselves against the risk of interest rates going up (or down) over a specified period. The purchaser has the choice to swap variable interest rates into fixed ones at an agreed rate, at a specified date in the future, for a pre-established period of time.