Credit Suisse (IOB: 0QP5.IL - news) and Deutsche Bank (IOB: 0H7D.IL - news) have completed the first cross-currency basis swap on LCH’s SwapAgent platform for uncleared derivatives trades. Through ...

The forint weakened after the Hungarian central bank unexpectedly lowered the interest rate on its foreign-currency swaps following one of the biggest emerging-market currency rallies this year. The ...

Learn how forward swaps can be used to exchange cash flows or assets at a future date, along with their role in hedging risks ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...