Share this page | Email | Contact Us

Special Report on

Mid swap rate

mid swap rate special research report Photo by
Bloomberg has reported analysts are raising earnings estimates for U.S. companies at the fastest rate since at least 2004, while the MSCI World of equities in 24 developed nations traded at 15 times reported earnings yesterday, the lowest level since March 2009. Asia and Euprope traded higher and US futures are moving up in pre market trading. Today’s gains come as former International Monetary Fund chief economist Kenneth Rogoff warned China’s property market is beginning a “collapse” that will hit the nation’s banking system, and Europe is in “denial” about its lenders. Valuations have become attractive and bargain hunting is ...
for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved. For example, in the case of a swap involving two bonds , the benefits in question can be the periodic interest (or coupon) payments associated with the bonds. Specifically, the two counterparties agree to exchange one stream of cash flows against another stream. These streams are called the legs of the swap. The swap agreement defines the dates when the cash flows are to be paid and the way they are calculated. 1 Usually at the time when the contract is initiated at least one of these series of ...
Covered Bonds Rise Most Since '06 Signaling Europe Rebound: Credit ...
By Kate Haywood and Bryan Keogh March 23 (Bloomberg) — Europe’s banks are selling covered bonds at the fastest pace in four years in a sign that debt investors are betting Europe’s economy is strong enough to weather the budget crisis in Greece. Caja Ahorros Barcelona, Spain’s largest savings bank, and Westdeutsche Immobilienbank AG, a unit of Germany’s third- biggest state-owned lender, are among the mainly European financial companies that issued 87.5 billion euros ($118 billion) of the notes this year, according to data compiled by Bloomberg. That’s the most since 95.4 billion euros of the bonds were sold in the same ... market research, surveys and trends
HSBC Holdings plc sold A$1.5 billion (US$1.3 billion) of Australian-dollar denominated `kangaroo bonds', the largest such issuance in more than two years. The issuance would include A$1 billion of fixed-rate bonds and a further A$500 million of floating-rate notes and would be unsecured and unsubordinated, HSBC said in a statement on Friday. The fixed-rate bonds had a coupon of 6.75 per cent and were priced at 1.25 percentage points over the mid swap rate. The floating bonds were priced at 1.25 percentage points more than the three-month bank bill swap rate. All the bonds are due to mature in March 2015 and have a ... market research, surveys and trends


Citigroup Raises 270 Billion Yen in Record Samurai (Update3 ...
raised 270 billion yen ($2.2 billion) in Japan's biggest bond sale by a foreign firm, tapping demand for higher returns than investors can receive from the nation's companies. Citigroup's sale included 65 billion yen of 10-year debt that yielded about 23 basis points more than bonds from Nippon Telegraph & Telephone Corp. Citigroup and NTT are rated Aa1, the second-highest level, by Moody's Investors Service. Sales of Samurai bonds, yen-denominated debt from foreign sellers in Japan, have more than doubled this year after U.S. authorities said in October investors wouldn't have to pay ... industry trends, business articles and survey research
BP Crisis Wipes $19 Billion From Energy Bonds: Credit Markets
June 14 (Bloomberg) — the biggest oil spill in U.S. history has wiped about $19 billion off the value of energy company bonds as investors bet increasing regulation will curb revenue and profits. Debt sold by energy companies has lost almost 4 percent from this year’s peak on April 27 amid mounting costs from the ... industry trends, business articles and survey research
Nova Scotia Sells First Dollar Bonds in 3 Years: Canada Credit
July 14 (Bloomberg) -- Nova Scotia sold bonds denominated in U.S. dollars for the first time in three years as Canada’s second-smallest province seeks to diversify sources of funding for its budget deficit. The $750 million of five-year notes were priced yesterday to yield 34 basis points above the mid-swap rate or 60.25 basis points over U.S. government benchmarks, according to a statement from Bank of America Merrill Lynch. The 2.375 percent bonds mature in July 2015. A basis point is 0.01 percentage point. “This is the first time in a long time that we saw an opportunity to swap back to a cost equivalent to our ... market trends, news research and surveys resources
Mexico Peso Bonds May Extend Rise, Actinver Says
July 8 (Bloomberg) -- Mexico’s peso bonds may extend the rally that pushed yields to a record low as investors seek safer assets on concern that the global economic recovery may slow, Corp. Actinver SAB said. The yield on Mexico’s 10 percent peso bond due in 2024 may plunge to 6.5 percent by the end of the year, said Alonso Madero, who helps manage 66 billion pesos ($5.15 billion) at Actinver, a Mexico City-based brokerage. The yield fell one basis point to 7.034 percent at 5 p.m. New York time, according to Banco Santander SA, the lowest since the securities were issued in 2005. The yield dropped 124 basis points in ... market trends, news research and surveys resources


Dec 5, 2005 ... The mid swap rate has been defined as the rate (or rates) ... In principle, when determining the mid swap rate, separate zero coupon ... technology research, surveys study and trend statistics
Understanding Swap Pricing and Calculating Risk
Mar 7, 2007 ... Mid-market swap rate is the rate at which the ... Calculating mid-market rate. ∎ Swap can be decomposed into two parts: ... technology research, surveys study and trend statistics
Credit Risk and the Yen Interest Rate Swap Market
The swap rates are based on the mid-points of the daily bid and offer rates during this period. The term structure of swap rates for the sample ...
Where can I find the rate of the 12-year SIFMA swap index ...
PREB 13 on a Bloomberg terminal will provide you with quotes for the BMA curve. The 12 year BMA swap rate is currently 2.387 (the mid pt of the bid/ask 2.362 / 2.412). posted January 15, 2009 Managing Director at Guggenheim Partners see all my answers Best Answers in: Bond Markets (1) If you're referring to municipal swap rates, Bloomberg has a "Muni Swaps SWAP CURVE" screen. I believe you can access it under the SWPM & SWDF command short-cuts. posted January 15, 2009 Marketing & Product Strategist, Moody's Analytics see all my answers Best Answers in: Bond Markets (1) Raymond, you can find the current rate of ...
Google Answers: Swaps
Assume a currency swap in which two counterparties of comparable credit risk each borrow at the best rate available, yet the nominal rate of one counterparty is higher than the other. After the initial principal exchange, is the counterparty that is required to make interest payments at the higher nominal rate at a financial disadvantage to the other in the swap agreement? If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what other explanations exist to explain the rapid development of the interest rate swap market? Hi Herbet, It seems that you took your exemple from an ...