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This list may not reflect recent changes. Swap (finance) A. Accreting swap; Accretion (finance) ... Value date; Variance swap;
In finance, a range accrual is a type of derivative product very popular among structured note investors. It is estimated that more than US$160 billion of Range Accrual indexed on interest rates only have been sold to investors between 2004 and 2007. [1] It is one of the most popular non-vanilla financial derivatives. In essence the investor in ...
In finance, the term accretion refers to a positive change in value following a transaction; it is applied in several contexts. When trading in bonds , accretion is the capital gain expected when a bond is bought at a discount to its par value , [ 1 ] given that, it is expected to mature at par .
To derive this rate we observe that the theoretical price of a bond can be calculated as the present value of the cash flows to be received in the future. In the case of swap rates, we want the par bond rate (Swaps are priced at par when created) and therefore we require that the present value of the future cash flows and principal be equal to ...
An example of this type of distortion occurred in late 1994 and early 1995 when Alan Greenspan raised the US Fed Funds rate from 3.00% in May 1994 to 5.25% in February 1995. Prior to these hikes, Orange County had initiated highly leveraged bets on short maturity interest rate derivative products in the hopes that interest rates would decline.
For example, the hedge would have to pay swaps in the foreign currency. If FX spot moves in a correlated fashion with the foreign currency swap rate (that is, foreign currency swap rate increases as FX spot increases), the hedger would need to pay a higher swap rate as FX spot goes up, and receive a lower swap rate as FX spot goes down.
The disadvantage of association lists is that the time to search is O(), where n is the length of the list. [3] For large lists, this may be much slower than the times that can be obtained by representing an associative array as a binary search tree or as a hash table.
The principal value of complex number argument measured in radians can be defined as: values in the range [,) values in the range (,] For example, many computing systems include an atan2(y, x) function.