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- 注册时间
- 2011-5-26
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- 2012-9-12
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Overall I think this should work:
If issue a leveraged floater, buy a fixed bond, receive fixed and pay floating swap. Net payment fixed
If issue an inverse floater, buy a fixed bond, pay fixed and receive floating swap. Net payment fixed
Provided that for an inverse floater, the floating rate does not increase more than "b" as in "b - F"
agree / disagree? |
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发表于 2011-7-11 15:29
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