One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

Learn how floating liens allow businesses to secure loans with dynamic assets like inventory; understand the process of ...

A rocket scientist – he designed weapons systems for a defense contractor – once told me that monetary principles were more difficult than rocket science. The evidence supports his view: we have many ...

Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different ...

Technically, pegging a currency to gold--via some automatic mechanism like a currency board--is no different than pegging it to the euro or dollar. There's nothing inherently difficult about it.

In our April webinar “Risk Mitigation Techniques in Trade Financing Structures”, which I delivered with my colleagues Sam Fowler-Holmes and Maria Capocci, we discussed methods to mitigate risks all ...

One of the most important decisions you make when taking out a loan is whether to choose a fixed or a floating interest rate. But each type has unique benefits and drawbacks that can influence your ...

Who cares (apart from finance lawyers)? There are three key groups of people who will be interested in this decision: Secured lenders care because all net proceeds from the sale by the administrators ...