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PROJECT FINANCE

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This article has had extensive revisions as part of Project Finance's efforts to update, and make consistent, all interest rate derivatives (IRDs) pages. Old comments have been collapsed pending deletion as their issues are either now obsolete or addressed. Attack68 (talk) 08:43, 6 July 2017 (UTC)[reply]

New Comments

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Old Comments pending deletion on 1st July 2018

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Extended content

Naming

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The description and the naming of the lemma is not quite clear to me. The first part of the article seems to describe an FX Swap to me (FX cash plus reverse FX forward). The last part then describes a combination with an interest rate swap. I would call this a cross currency swap (as in the navigation bar); Hull, admittedly, calls it a currency swap. Although english is not my native language, I deal (not trade) with these things in English quite frequently and I am pretty confident about the naming. --172.173.159.207 11:06, 30 December 2006 (UTC) (i. e. de:Benutzer Marinebanker)[reply]

I agree!
An FX Swap / Currency Swap should be defined as:
Two Foreign Exchange transactions executed simultaneously a spot FX trade and a forward FX trade.
Example:
BUY USD ag JPY value spot and SELL USD ag JPY forward.
This has nothing to do with fixed rate or floating rates.
There seems to be some confusion over "FX Swaps" "Currency Swaps" and Interest rate derivatives such as Cross Currency Swap.
How can we change theses definitions as they are incorrect? —Preceding unsigned comment added by Jake2pt.lu (talkcontribs) 13:59, 31 August 2007 (UTC)[reply]
I stand corrected. A currency swap is the same as a cross currency swap, it is not an FX swap.
FX Swap: FX Spot plus reverse FX Forward
(Cross) Currency Swap: Exchange of notional in two currencies at inception and (in reverse) at maturity, inetrest payments in both currencies during life of trade.
I checked it in Hull: Options, Futures and other derivatives.
Sorry for the confusion. --172.182.214.160 17:23, 12 September 2007 (UTC) (i. e. de:Benutzer Marinebanker)[reply]
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The pdf document linked at the end of the page is not accessible to everybody. —Preceding unsigned comment added by 69.70.120.18 (talk) 19:54, 29 April 2008 (UTC)[reply]

Risk

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A section needs to be added on the market risk on CCSs as I think it is what sets this instrument apart from IRS/forwards. I came to this page to look for a definition of cross currency basis risk, and a link to the basis risk page would be relevant, although that pages deals with only one type of basis risk and is in need of expanding. —Preceding unsigned comment added by 193.108.78.10 (talk) 11:14, 23 July 2008 (UTC)[reply]

Merger proposal

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The following discussion is closed. Please do not modify it. Subsequent comments should be made in a new section. A summary of the conclusions reached follows.
Merge Cross currency swap into Currency swap Klbrain (talk) 08:31, 30 April 2016 (UTC)[reply]

I propose that Cross currency swap be merged into this article, because they are the same thing. However before doing that this article needs some cleaning up to move the contents related to Foreign exchange swap into the appropriate page. --Fancitron (talk) 13:28, 3 February 2012 (UTC)[reply]

  • To collect the information about currency swap and have it consistently at one place seems like a good idea to me, also. If I may take the liberty of pointing it out, I find however that the present entries on currency swap seem to be written for those who know just about everything about the field already. While that has an important function, one might consider to give a resume for beginners in currency trading in a separate paragraph, as the word "swap" is used in most currency trading platforms and not necessarily with any good explanation there. --88.90.158.24 (talk) 07:36, 30 August 2012 (UTC)A.Tacoma[reply]
The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.
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Way too technical

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This article needs a major rewrite - the current version is inaccessible to anyone lacking a decent background in finance. — Preceding unsigned comment added by Theintuitus (talkcontribs) 07:11, 7 December 2018 (UTC)[reply]

Yes!!! 2607:FEA8:C260:200:4141:AEB3:A9E8:8A60 (talk) 13:58, 23 November 2022 (UTC)[reply]