Results 211 to 220 of about 73,299 (266)

Investment, Financing, and Option-for-Guarantee Swap

SSRN Electronic Journal, 2016
This paper addresses the investment and financing decisions of an entrepreneur entering into an option-for-guarantee swap. We discover that the swap greatly increases the value of the option to invest. The entrepreneur first accelerates and then postpones investment as the funding gap rises.
Xiaolin Tang, Zhaojun Yang
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Interest Rate Swaps and Corporate Financing Choices

The Journal of Finance, 1992
ABSTRACTThis paper describes the firm's decision to borrow short‐term versus long‐term and shows how the introduction of interest rate swaps affects this choice. The model shows that in the absence of a swap market, interest rate uncertainty can lead firms to substitute long‐term for short‐term financing.
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Currency Swaps As a Long-Term International Financing Technique [PDF]

Journal of International Business Studies, 1984
This paper provides a theoretical framework to evaluate the currency swap transactions initiated by the World Bank in 1981 to obtain long-term funds in low-interest German marks and Swiss francs in exchange for high-interest dollar loans. Unique in its concept as a combination of a traditional currency swap and a debt swap, this new technique is found ...
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Credit Default Swaps Around the World: Investment and Financing Effects

SSRN Electronic Journal, 2018
We analyze the impact of the introduction of credit default swaps (CDS) on real decision making within the firm, taking into consideration differences in firms’ local economic and legal environments. We extend the model of Bolton and Oehmke (2011) to take into account uncertainty whether the actions taken by the reference entity will trigger credit ...
SShnke M. Bartram, Jennifer S. Conrad, Jongsub Lee, Marti G. Subrahmanyam   +3 more
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Risk transfer in project finance loans for toll road using credit default swaps

Journal of Financial Management of Property and Construction, 2022
Purpose The purpose of this paper is to demonstrate the applicability of the Credit Default Swaps (CDS), as a financial instrument, for transferring of risk in project finance loans. Also, an equation has been derived for pricing of CDS spreads. Design/methodology/approach The debt service cover ratio (DSCR) is modeled as a Brownian Motion (BM) with
Wei Yang, Afshin Firouzi, Chun-Qing Li
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Pricing of range accrual swap in the quantum finance Libor Market Model

Physica A: Statistical Mechanics and its Applications, 2014
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Belal E. Baaquie, Xin Du, Pan Tang, Yang Cao   +3 more
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Debt-for-Nature Swaps Financing Water Security and Green Growth

2023
Abstract Many developing countries have large international debts, and debt servicing absorbs a significant proportion of total budget expenditure. The large scale of the debt contributes significantly to environmental degradation and the deterioration of the natural resource base. Furthermore, post-COVID-19 economic recovery costs could
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Korea-China Currency Swap-Financed Trade Settlement Facility

2014
The US-Dollar is still the most widely used currency for the settlement of trade transactions in East Asia. Currency swaps between Asian countries are one possibility to reduce this dependency on the US Dollar. This chapter explains the background and various aspects of the Korea-China currency swap-financed facility. First the framework and mechanisms
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Pricing and valuation of carbon swap in uncertain finance market

Fuzzy Optimization and Decision Making
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Liu, Zhe, Li, Yanbin
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Zeros, Swaps, and Options — The Revolution in Finance

2002
Orange County, California, one of the richest in the United States, sits on the Pacific Coast, and abuts Los Angeles to the North and San Diego to the South. The county is one of the politically most conservative in the United State — strong voter sentiment for larger military expenditures (lots of retired naval officers live there), a balanced budget,
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