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Learning Platform - "Markets & Trading"

Course: Swaps – Interest rate swaps

About the online training programme

This course explains what interest rate swaps are. It provides an overview of the fundamentals of these instruments and how they can be applied by companies. Furthermore, quite some essentials are set out that are important to know before using these tools to perform treasury management. This includes the valuation of the instruments, as well as their settlement.

Course Contents

This course covers the following video lessons:

  1. Forward rate agreement – Introduction
  2. Forward rate agreement vs. interest rate swap
  3. The first swap ever
  4. The two legs
  5. Exchange of cashflows
  6. Application
  7. Specifications
  8. Fixed rate loan vs. floating rate loan
  9. Hedge interest rate exposures or alter fixed payments to floating obligations
  10. Varieties
  11. Fixed-for-Floating interest rate swap – Same currency
  12. Fixed-for-Floating interest rate swap – Different currencies
  13. Floating-for-Floating interest rate swap – Same currency
  14. Floating-for-Floating interest rate swap – Different currencies
  15. Fixed-for-Fixed interest rate swap – Different currencies
  16. Overnight indexed swaps – Fundamentals
  17. Overnight indexed swaps – Valuation
  18. Application of interest rate swaps
  19. Valuation of interest rate swaps – Introduction
  20. Valuation of interest rate swaps – Valuation based on bond prices
  21. Valuation of interest rate swaps – Valuation based on FRA pricing
  22. Valuation of interest rate swaps – Discounting future cashflows to todays value
  23. Valuation of interest rate swaps – Yield curve
  24. Valuation of interest rate swaps – Dirty & clean value
  25. The trading of interest rate swaps – The role of broker-dealers

This course also includes examination and certification.

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The ENTRIMA Learning Platforms are also accessible on mobile devices. To do this, download the aNewSpring education app and open your ENTRIMA environment in it. This way you have access to the lessons and knowledge of the Learning Platforms anytime and anywhere.

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ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

What I like about the course is the information provided and the way it is provided. I find that the length of the videos is right, as it is not too long to watch. Also, thanks to that, when a video is not very clear to me, I watch it again, since I know that they are of short duration. Excellent material.

Ivan Fernando Jara Villalon
Commercial Analyst at Uniper

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

Entrima’s Intervision Groups provide us a good opportunity to dive into a range of topics, which are highly relevant to us. The sessions both provide good insights from Entrima and an active dialogue between the participants. This combination to the building of our internal knowledge about the ever-evolving areas of trading within the energy markets.

Henrik Kaspersen
Head of Compliance at MFT Energy