Swaps Math: What Are Your Swaps Worth?
November 30, 2011
Webinar
Slides
| Transcript
Interest rate swaps are financial tools used by many local government agencies to manage interest rate risk. The swap market at times provides issuers the opportunity to lower their cost of financing versus traditional alternatives in the bond market. Swaps remain an important tool in managing an issuer’s debt service obligations and exposure to interest rate risk. For many swap pricing is often viewed as a “black box.” This webinar is intended to provide an understanding of swap math and includes:
- Information on the swap market
- Valuation methodologies
- Swap dealers’ pricing conventions
- Formulas and examples of pricing
- Review of variables affecting market prices
Speakers
- Eric Chu, Managing Director, BLX Group
- Nathanial Singer, Managing Director, Swap Financial Group
Webinar Replay
Please contact CDIAC Education Unit at cdiaceducation@treasurer.ca.gov for the webinar replay.