num_pages: 158
description: This compact handbook will equip you to understand swaps and use them effectively. It is designed for anyone who deals with swap professionals or monitors the arrangements they make. If you are a CEO, a financial officer, or one who runs a business or manages a portfolio - in fact, if you are concerned in any way with cash flows - you need to know what is in this book.Swap Literacy lays out the origins, history, types, and uses of swaps and then provides a detailed, alphabetical lookup that expands on more than 20 categories of swap and swap-related topics, such as marking to market, accounting, and types of risk.The emphasis is always on understanding when and how to use each type. Swap Literacy explains how swaps actually work, what happens during their life cycles, what swaps can and cannot do, and when to use an alternative. It also describes how to reverse or unwind the swap if conditions go against you.The concepts that this book clarifies will enable managers who know how beneficial swaps can be - and who know how quickly things can go wrong when swaps are misused - to ask the right questions, evaluate the answers they get and choose the right move to make.
language: English
title: Swap Literacy: A Comprehensible Guide
titlecomplete: Swap Literacy: A Comprehensible Guide (Bloomberg Professional Library)
publisher: Bloomberg Pr