Discover how interest rate and currency swaps help companies manage interest rate exposure and secure favorable borrowing ...

In late 2007, as the U.S. subprime mortgage market began rapidly going south, leading to the second-worst economic collapse in U.S. history, economists and financial writers began writing about the ...

Put very simply, an interest rate swap occurs when a person or entity with debt makes a deal with a creditor in which that creditor will pay the other party’s variable rate debt. In the case of a ...

the fluctuating, variable rate of interest. If interest rates rise, as they did in the early years of this century, the bond issuer will never have to pay more than the agreed-upon fixed rate. But if ...