The example below illustrates how Cross-Currency Interest Rate Swaps (CCIRS) work in practice. Consider a Ghanaian company ..

Enhance your knowledge of effective derivative risk management and interest rate instruments through this interactive learning event ... Focusing on topics such as cross-currency swaps, valuation ...

Bertoneche, Marc L., and Fausto Federicic. "Valuation Methods and Discount Rate Issues: A Comprehensive Example." Harvard Business School Background Note 205-116, June 2005. (Revised November 2006.) ...

A swap is a type of derivative wherein two parties agree to exchange cash flow or liabilities; hence, the name swaps. A swap is apt when a company wants to get a variable interest rate while ...

Broadly, basis risk is the risk that the value of a futures contract or an over-the-counter hedge will not perfectly offset an underlying position. Other examples abound: interest futures are often ...