INDEX Introduction Derivatives permitted by SEBI History of derivatives Ancient and recent derivatives Need for financial derivatives Development of derivatives market in…

Slide 1 Slide 2 © 2004 South-Western Publishing 1 Chapter 13 Swaps and Interest Rate Options Slide 3 2 Outline Introduction Interest rate swaps Foreign currency swaps Circus…

Slide 1 Slide 2 1 Lecture #28 Swaps and Interest Rate Options Slide 3 2 Slide 4 3 Outline Introduction Interest rate swaps Foreign currency swaps Circus swap Interest rate…

Slide 1 © 2002 South-Western Publishing 1 Chapter 13 Swaps and Interest Rate Options Slide 2 2 Outline Interest rate swaps Foreign currency swaps Circus swap Interest rate…

XIV.1 CHAPTER XIV SWAPS Swaps markets have rapidly developed into a huge market. From their initial inception in 1979, notional principal outstanding has grown from virtually…

13 Swaps, Caps, Floors, and Swaptions Swaps, caps, floors and swaptions are very useful interest rate securities. Imagine yourself the treasurer of a large corporation who…