Derivatives & Structured Products

May 2006
Bond Buyer;5/9/2006, Vol. 356 Issue 32377, p7
Trade Publication
The article presents charts on derivatives and structured products in the United States as of May 9, 2006. It shows the BMA Municipal Swap Index and the Index-Linked Muni Swaps. The charts show the average yield on seven-day high-grade variable-rate demand obligations, and the interest rates representing midmorning interdealer swap prices on May 5, 2006 using a quarterly net interest payment and weekly reset structure.


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