Cross currency swap
New rule leads to 400bp price hikes as companies hedge renminbi fall
Cross-currency swaps could become more expensive as firms' demand increases
Beijing-based supranational expected to be heavy swaps user
More Cross currency swap articles
Initial product suite will be RMB focused to suit need of mainland banks
Cheaper swaps are encouraging some companies to chase lower debt costs
Risk Awards 2015: German bank managed to marry efficiency with high margins
Dealers found a way to protect some cross-currency swaps from heavy new capital requirements last year, by adding foreign exchange options into the structure – but the powers of the technique are ...
With long-term bonds in short supply and falling interest rates putting pressure on earnings, Asian insurers are considering giving up on asset-liability matching in order to chase yield. Blake Ev...
Ultra-low rates forcing companies to shift focus from asset-liability matching
Returns for hedging via long-term cross-currency swaps are attractive, but few are able to do so because of the lack of credit support annexes in place
Current treatment of initial margin on uncleared swaps will cost Australian banks $21 billion
A major change is needed to correct new hedge accounting rules, which could restrict derivatives use by Asian firms hedging their foreign currency exposures
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Turning borders into barriers
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