Description

Interest Rate Swaps looks at interest rate swap mechanics, common applications, basis swaps, swap execution and clearing.

Learning Objectives

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1. Recall the mechanics of interest rate swaps (IBOR contracts).
2. Recall the mechanics of overnight index swaps (OIS) .
3. Recall the function of interest rate risk.
4. Recall the function sensitivities in interest rate swaps.
5. Recall the function of mark-to-market valuation.