SWAPS - Who needs the underlying? - There has never been a better time to use swaps and swap-linked notes. Low dollar yields, high levels of prepayment on mortgage-backed bonds and sharply inverted yield curves in Europe offer significant opportunities for those investors willing to take a view on par and forward curves.
Year of publication:
Euromoney. - London : Euromoney Publ, ISSN 0014-2433, ZDB-ID 1902325. - 1993, SUPPA, p. 25-27