Forward Rate Agreement

Author: Xiao Wen
Publisher:
Publish Date: 2004-11-01
Features: This book is available for reference for middle office management personnel, fund management personnel, risk management personnel, derivative product development personnel, postgraduate students of finance majors in universities, and other interested readers. The book is divided into seven chapters: Chapter 1 reviews the basic theory of derivatives as a preparation for the discussions in subsequent chapters; Chapter 2 discusses the necessity and feasibility of introducing the forward rate agreement trading business in the Chinese financial market first; Chapter 3 provides an overview of the global over-the-counter interest rate derivative market; Chapter 4 analyzes the technical characteristics of forward rate agreements; Chapter 5 explores the basic framework of the Chinese forward rate agreement market; Chapter 6 presents a comprehensive design of the operational system for forward rate agreement trading business by Chinese financial institutions; Chapter 7 discusses the possibility of derivative product companies acting as the main organizers for the launch of the Chinese forward rate agreement market.