Interest Rate Swaps

Interest Rate Swaps are analyzed, considering a variety of different structures, pricing and valuation, & applications.

Last updated 2022-01-10 | 4.4

- You'll learn about pricing interest rate swaps
- You'll learn the applications of interest rate swaps
- You'll learn the features and functions of OTC clearinghouses and how they work

What you'll learn

You'll learn about pricing interest rate swaps
You'll learn the applications of interest rate swaps
You'll learn the features and functions of OTC clearinghouses and how they work
You'll learn various risk concerns with interest rate swaps and solutions for risk management

* Requirements

* A financial calculator is recommended for this course.
* Knowledge of the English language.

Description

This course looks at interest rate swaps in detail. First, swaps in general are introduced, then we will be looking at the structure of the most common type of interest rate swap - the fixed or floating interest rate swap. We will also consider a variety of different structures, pricing and valuation, and applications - both risk management and speculative. 

     This course contains 20 lectures within 5 sections: 

  • Introduction to Interest Rate Swaps

  • Risk Management of Floating Rate Liabilities

  • OTC Clearinghouses

  • Swap Pricing and Valuation

  • Risk Management with Interest Rate Swaps

More about this course and Starweaver

This course is led by a seasoned capital markets industry practitioner and executive with many years of hands-on, in-the-trenches financial markets sales, trading and analysis work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the world, providing training courses to many of the leading financial institutions and technology companies, including:

Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.

Starweaver has and continues to deliver 1000s of live in-person and online education for organizational training programs for new hires and induction, as well as mid-career and senior-level immersion and leadership courses.

If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google:

starweaver journey builder starweaver[dot]com

Happy learning.


Who this course is for:

  • Relationship managers (0-5 years) in commercial, corporate and investment banking.
  • Analysts and associates in commercial, corporate and investment banking.

Course content

5 sections • 20 lectures

Introduction of Swaps Preview 10:04

Instructor Doug Carroll introduces the course.

Interest Rate Swap Basics Preview 08:56

Instructor Doug Carroll discusses the basics of interest rate swaps.

Interest Rate Swap Contract Features Preview 10:22

Instructor Doug Carroll discusses the features of interest rate swap contracts.

Fixed for Floating Interest Rate Swaps Preview 10:36

Instructor Doug Carroll discusses fixed for floating rate swaps.

Periodic Settlement Payments on Interest Rate Swaps Preview 09:30

Instructor Doug Carroll discusses periodic settlement payments on interest rate swaps.

Hedging Cash Flow Uncertainty with Interest Rate Swaps Preview 10:08

Instructor Doug Carroll discusses hedging cash flow uncertainty with interest rate swaps.

Net Interest Cost of a Synthetic Fixed Coupon Bond Preview 11:38

Instructor Doug Carroll discusses net interest cost of a synthetic fixed coupon bond.

OTC Clearinghouses Preview 11:56

Instructor Doug Carroll discusses OTC clearinghouses.

Cleared Swaps Versus OTC Swaps Ex-Clearinghouse Preview 10:59

Instructor Doug Carroll discusses the cleared swap versus OTC swaps ex-clearinghouse.

Functioning of OTC Clearinghouses Preview 10:42

Instructor Doug Carroll discusses how OTC clearinghouses function.

Terminating a Swap Before Maturity Preview 10:02

Instructor Doug Carroll discusses how to handle terminating a swap before maturity.

Interest Rate Swap Pricing Preview 11:01

Instructor Doug Carroll discusses interest rate swap pricing.

Pricing Fixed for Floating Interest Rate Swaps Preview 10:48

Instructor Doug Carroll discusses pricing fixed for floating interest rate swaps.

Valuing Swaps, Hedging Cash Flow Uncertainty Preview 13:17

Instructor Doug Carroll discusses valuing swaps and hedging cash flow uncertainty.

Managing the Cash Flow Risk of Fixed and Floating Rate Assets Preview 09:48

Instructor Doug Carroll discusses managing cash flow risk of fixed and floating rate assets.

Basis Swaps (Fixed Versus Floating Swaps) Preview 07:39

Instructor Doug Carroll discusses basis in terms of fixed versus floating swaps.

Capital Market Equivalents for the Fixed and Floating Rate Payers Preview 09:13

Instructor Doug Carroll discusses capital market equivalents for the fixed and floating rate payers.

Value Hedging, Asset Swaps Preview 11:28

Instructor Doug Carroll discusses value heding and asset swaps.

Variations in the Structure of Interest Rate Swaps Preview 10:47

Instructor Doug Carroll discusses variations in the structure of interest rate swaps.

Structuring and Pricing Basis Swaps Preview 08:54

Instructor Doug Carroll discusses structuring and pricing basis swaps and concludes the course.