
- UID
- 223416
- 帖子
- 286
- 主题
- 12
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-3
|
Key word is terminate, not just offset the cash flows. Also, a swaption would not be ideal to even offset, since it would not kick in immediately. Additionally, it would also have to be an off-market swaption, if rates have moved (original swap has negative value), to get the cash flows to offset correctly. |
|