Swaps

How to value a cross-currency swap

Since the first transaction in 1981 between the World Bank and IBM, the market of cross-currency swaps has grown rapidly. It represents, according to the Bank of International Settlements, an outstanding notional amount of USD 16,347 billion as per June 2010.… read more

Benefit from inflation

with bonds, swaps, caps and floors

The problem of inflation is nearly as old as currency itself, and inflation-linked products have been around for centuries as well. In this article, consultant Rogier Galesloot discusses the history of inflation-linked products and shows how inflation-linked bonds, swaps, and caps/floors… read more

Long life not always a blessing

For insurers and pension funds

Individuals are not the only ones exposed to mortality risk. Pension funds, insurers and governments also face the same risk from a different angle: the longevity risk. Insurers must maintain capital for the longevity risk that they run.

Zanders consultants… read more

Healthcare institutions get new possibilities for financing

Roll-over loans with swaps now allowed in healthcare sector

It’s finally happened. After prolonged lobbying by healthcare institutions and banks, the Dutch Healthcare Authority (NZa) will amend its policy on standards for long-term interest rates.

This means a significant difference on the interest paid on long-term loans. The combination… read more