search query: @indexterm swaps market / total: 58
reference: 9 / 58
| Author: | Mooyaart, B. |
| Title: | Every euro has its swap price |
| Journal: | Euromoney
1998 : MAY, 5, p. 82, 84 |
| Index terms: | CURRENCY SWAPS MARKET EUROPEAN MONETARY SYSTEM |
| Language: | eng |
| Abstract: | Are today's issuers in Ecu paying over the odds ? Borrowers and their bankers argue that it pays to establish a benchmark in 1998, before the latecomers crowd into the market next January. No, say the contrarians: borrowing in other currencies is cheaper. Mooyaart Consult, an independent bond consultancy, examines recent issues in Ecu and major currencies, comparing the levels they would have achieved by swapping the proceeds into U.S. dollar Libor. The author weighs the evidence. |
SCIMA