Swap book

Swap book

A swap bank's portfolio of swaps, usually arranged by currency and maturity.

Swap Book

A list of potential swaps kept by a swap bank or a broker. A swap bank acts as an intermediary; it looks for potential counterparties for investors who want to engage in a swap. A swap book assists in this task; it is usually arranged by currency and maturity.
References in periodicals archive ?
Previously, Reger has worked in various roles in JP Morgan, including Proprietary Trading and Market Making in US Securities in New York, head of US Treasury Trading in London, Cross-Market Government Arbitrage Book in London and head of Global US Swap Book.
AIG claims no losses have been incurred and the credit default swap book has been shrunk in half to $150 billion.
The programme is set to help OTP extend the maturity profile of its existing swap book and is subject to conditions on future foreign-currency lending, the EBRD said.
Corzine sounds a similar note: "We were barely involved in the derivatives business in 1985, and the kind of risk controls you need for that business in 1995 and a swap book of 1985 are just legions apart.
Later, at Lehman Brothers, he served as vice president for the central funding department, trading a mortgage financing book and a related interest rate swap book totaling more than $20 billion.
Previously, he spent ten years at Merrill Lynch in London and Tokyo where he was Head of Financials Trading and the Asset Swap Book.
At the time of the offering, the spread to Treasuries on the assets that the Company purchases were at historically high levels, making new investments beneficial to the portfolio and allowing the Company to enter into longer term hedges while reducing the overall rate on its total interest rate swap book.
In addition, Mike's prior responsibilities included oversight of an $800 million equity index swap book and the design of risk management analytics.
The event brought book lovers together to swap books and meet like-minded people in an amicable environment.
Beckie set up her Mold-based business, Lovelies Delights, three years ago after deciding to swap books for a whisk.
The cafe also has a bookshelf where people are free to swap books with one another or grab one if they're buying a coffee.
Summary: Community program allows children to swap books with their peers