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- UID
- 223407
- 帖子
- 318
- 主题
- 8
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-2
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If you are the fixed rate payer (floating rate receiver) - you are in essence long a floating rate bond - thus your position in the swap will increase when rates rise.
If you are the floating rate payer (fixed rate receiver) - you are long a fixed rate bond - thus your position in the swap will increase when rates fall.
This is how I remember it. |
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发表于 2011-7-11 19:41
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