What features of interest rate swaps make them more or less attractive than financial futures as a

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What features of interest rate swaps make them more or less attractive than financial futures as a risk management tool?

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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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Question Posted: Nov 03, 2015 05:56 AM

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If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what other explanations exist to explain the rapid development of the interest rate swap market?
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What features of interest rate swaps make them more or less attractive than financial futures as a

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Bank Management

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