Financial swap transactions

Author: Zhu Guohua
Publisher:
Publish Date: 2006-12-01
Features: One of the teaching materials series for financial and financial studies in higher education institutions, introducing financial swap transactions. The main content includes: the mechanisms of interest rate swaps and currency swaps, participants in financial swaps and swap contracts, the application and analysis of financial swap transactions, operational techniques of financial swap transactions, pricing and valuation of financial swap transactions, and extended applications of swaps—commodity swaps and index swaps, etc. For a financial instrument, there are two types of people who pay more attention. One is the designer of the product, and the other is the user of the financial instrument. The first type must understand the accounting and tax implications of the financial transaction tool they wish to promote; the second type must clearly understand the economic theory basis and impact of the trading tool to control relevant risks. This book attempts to explain to readers why swaps are implemented? What tools are commonly used for swaps? How to conduct swaps? Are there risks in swaps? How to operate swap transactions? The framework provided in this book will be helpful to both types of people, allowing readers to fully understand the design structure and operational mechanisms of swap transactions.