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Number of Pages 4
This research paper: This 4 page paper is written in two parts. The first part looks at currency swaps, why and how they are used and why a company may choose to use a currency swap instead of issuing bonds in a different currency. The second part of the paper looks at the swap network which takes place between central banks and discusses how the failure of a major commercial bank could result in a swap crisis. The bibliography cites 4 sources.
File: TS14_TEswaps.rtf
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