Background Note | HBS Case Collection | 2002 (Revised from original 1991 version)

Note on Foreign Currency Swaps

by W. Carl Kester

Abstract

Provides descriptive background about the development of an international market for currency swaps and, by means of a detailed example, instructs readers in the determination of swap flows and all-in costs of financing using market swap rates. A rewritten version of an earlier note.

Keywords: Currency;

Citation:

Kester, W. Carl. "Note on Foreign Currency Swaps." Harvard Business School Background Note 292-043, April 2002. (Revised from original November 1991 version.)