Provides descriptive background on the development of an international market for currency swaps and by means of a detailed example has readers in determining the swap flows and all-in cost of financing with market swap rates. A rewritten version of an earlier note.
Provides descriptive background on the development of an international market for currency swaps and by means of a detailed example has readers in determining the swap flows and all-in cost of financing with market swap rates. A rewritten version of an earlier note.
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W. Carl Kester
11 pages.
Publication Date: Nov 27, 1991. Prod #: 292043-PDF-ENG
Note on Foreign Currency Swaps HBR case solution