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- 2011-5-24
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- 2012-9-12
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| The way I would think about LIBOR based liability. Liability means you are taking a loan. Imagine mortgage rates and ARM expiring. So you want to CAP the high interest rate risk on a loan. Buy a CAP and sell the floor. Think opposite for asset. |
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发表于 2011-7-11 20:04
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