Interest Rate Swaps and Their Derivatives

<p>An up-to-date look at the evolution of interest rate swaps and derivatives</p> <p><i>Interest Rate Swaps and Derivatives</i> bridges the gap between the theory of these instruments and their actual use in day-to-day life. This comprehensive guide covers the main “rates” products, including swaps, options (cap/floors, swaptions), CMS products, and Bermudan callables. It also covers the main valuation techniques for the exotics/structured-notes area, which remains one of the most challenging parts of the market.</p> <ul> <li>Provides a balance of relevant theory and real-world trading instruments for rate swaps and swap derivatives</li> <li>Uses simple settings and illustrations to reveal key results</li> <li>Written by an experienced trader who has worked with swaps, options, and exotics</li> </ul> <p>With this book, author Amir Sadr shares his valuable insights with practitioners in the field of interest rate derivatives-from traders and marketers to those in operations.</p>