Your English writing platform
Discover LudwigSuggestions(1)
Exact(1)
Even if you believe you are indispensable at work and at home, find a way to have someone else taking over your duties for short breaks, a person willing to support you even on a swap basis.
Similar(59)
The appearance of significant spreads between rates of different tenors has given rise to a new kind of interest rate swap, called basis swap, where two streams of floating payments linked to underlying rates of different tenors are exchanged.
Another measure of continued stress throughout Europe's banking system, the euro-dollar basis swap rate, which measures the cost to banks of swapping euros for dollars in the open market, also remained at elevated levels.
In signs of a reappearance of stress in the European credit markets, the rates that banks charge to lend euros to one another rose, and the costs to banks of swapping euros for dollars in the open foreign exchange market — the three-month euro-dollar cross-currency basis swap — also increased sharply.
Markit reported that the cost of a five-year Spanish credit default swap fell 39 basis points to 283bp.
The so-called foreign exchange basis swap is where European banks are increasingly being forced to turn as other forms of dollar funding dry up.
Student Essentials is Cornell's student academic portal where you can learn how to enroll in classes, change the grading basis, swap classes, or enroll in a class with variable credit.
So, what determines basis swap spreads?
Sometimes the basis swap is a cost to investors.
To hedge the currency risk, they do a basis swap.
The negative spread on the basis swap compounds the issue.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com