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Swap curve steepener / Jayanth R. Varma, Vineet Virmani.

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SAGE Business Cases 2019 Annual Collection Available online

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Format:
Book
Author/Creator:
Varma, J. R. (Jayanth R.), author.
Virmani, Vineet, author.
Series:
SAGE Knowledge. Cases.
SAGE Knowledge. Cases
Language:
English
Subjects (All):
Finance--Statistical methods--Case studies.
Finance.
Business mathematics--Case studies.
Business mathematics.
Finance--Statistical methods.
Genre:
Case studies.
Physical Description:
1 online resource : illustrations.
Place of Publication:
London : Indian Institute of Management, Ahmedabad, 2017.
System Details:
text file
Summary:
The case is about a decision problem facing James on whether or not to invest in a structured product called the "CMS Steepener" issued by a large US investment bank. The payoff from the product is linked to two constant maturity swap (CMS) rates, and the investor profits if the difference between the two CMS rates increases or, alternatively, if the CMS curve steepens. The case describes the risks that investing in such a product poses, and presents relevant data on the CMS rates, term structure and recent financial history of the issuer to help resolve James's decision problem.
Notes:
Originally Published InVarma, J. R., & Virmani, V. (2017). Swap curve steepener. Ahmedabad, IN: Indian Institute of Management, Ahmedabad.
No ILL or scholarly sharing allowed.
Description based on XML content.
ISBN:
9781526490025
OCLC:
1089146781
Access Restriction:
Restricted for use by site license.

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