CFA CFA Level 3 Swaps – Is there a LOS on Structured notes?

Swaps – Is there a LOS on Structured notes?

  • This topic has 2 replies, 3 voices, and was last updated Oct-17 by RaviVooda.
  • Author
    Posts
    • Alta12
      Participant
      Up
      0
      Down

      Two working examples in Reading 31 in CFAI text on leveraged floater and inverse floater. I cannot find the LOS on this. Any idea?

    • vincentt
      Participant
      Up
      5
      Down

      Those are just different kinds of interest rate swap variations i think, the usual interest rate swap calculation should work but obvious you have to incorporate the different feature, for example, inverse floater would be like a normal floating rate swap but the difference is that it tracks a benchmark and inverse it’s rate (e.g. benchmark goes up the rate you get goes down).

      Didn’t that in schweser though.

    • RaviVooda
      Participant
      Up
      2
      Down

      They are applications of interest rate swaps, so does not need to be separately mentioned in my opinion. Not sure what they have in Schweser. This year not using it except for practice exams

Viewing 2 reply threads
  • You must be logged in to reply to this topic.