Swap rates

In Hedgebook’s universe swap rates relate to the fixed rate of an interest rate swap. The interest rate swap market is very deep and liquid. Swaps are used by a large number of companies and banks to manage interest rate exposure. A swap rate can simply be viewed as the market’s expectation for floating rates over different terms. For example, a two year swap rate of 4% is the market’s expectation that floating rates will average 4% over the next two years.

How Hedgebook helps:

Hedgebook is used to record, report and value interest rate swaps.