University Of Zambia Online Public Access Catalogue
Currency swaps: a borrowing technique in a public policy context.
By: Book, David; Wallich, Christine I.
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BookSeries: World Bank Staff working paper; no.640. Publisher: Washington : World Bank, 1984Subject(s): Monetary Transfers | Monetary transfers -- Economic policy -- Currencies. -- Monetary transfers -- Economic policy -- Currencies. -- Monetary transfers -- Economic policy -- CurrenciesSummary: This paper describes the mechanics of a current swap transaction, and outlines the purpose swaps serve in the Bank's overall funding strategy. The paper then discusses the role of swaps in the broader perspective of world financial and capital markets and address some of the public policy issues associated with currency swaps.
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This paper describes the mechanics of a current swap transaction, and outlines the purpose swaps serve in the Bank's overall funding strategy. The paper then discusses the role of swaps in the broader perspective of world financial and capital markets and address some of the public policy issues associated with currency swaps.
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