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Wow! Eyeopening. I constantly hear about swap rates and how the economy is in a melt down. Appreciate the hard work you put into making great content.

Great Video Ryan - as they say if you can't explain a complex topic simply, you don't understand it. Thanks for making the easy for the layman to understand (layman = me)

I can't believe there is just 4.3K subscribers... this channel will grow! Excellent content!

I love the content !! just one remark in 5:45 you said " we djust the floating rate" instead of the fixed rate (you mentioned the cell name correctly)

Excellent explanation

Found your channel through reddit's CFA page, love all your content. Short and to the point.

This is excellent! thanks for sharing the file as well. Really appreciate your efforts.

Informative video like always. Want to understand more about currency and equity swap via numerical examples.

OMG that was so clear!!!

Great video Ryan! Can do a real worl example using SOFR please?

Great content, Ryan! And thanks for sharing the excel file. :-)

thank you so much! you are great!!!

Thanks @ryan for the explanation. Could you please help me understand why in floating rate bond notional principle got added in 1st cashflow? In my understanding, Principle is paid to the bondholder at the end. Also, why is the remaining cashflow 0?

I have a question on the floating side. You just took one floating rate for 0.5 years. What about other rates?

hi Ryan, can you please make a video on how to calculate VAR for IRS and CDS.

I got counter offer it says "strike from contract loan interest rate not to exceed 7%" What does it means?

I have a doubt. In floating rate calculation, we are taking only 3% rate. But what about other rates for 1 year, 1.5 years and 2 years. Should we not adjust swap for every term(floating rate bond side). If not What's the logic

Amazing

how about valuing the remaining floating cashflow, can we use the boostraping for pricing them?

Thanks a lot for the video. With what tools can such an interest rate swap for the euro be set up?

In solver you have used fixed rate despite saying floating rate. What is the correct way?

"Received whole cash flow .5 years in the future. No cash flows beyond that bc it's a floating rate bond that reprices itself itself back to par at every coupon date." Sorry, I'm not clear on this, if it's semiannual payments and it's a 2 year instrument, why aren't there more payments?

Hi Ryan, great stuff thank you very much. One thing i always wondered how it worked in practice as opposed to in theory is the yield curve and interest rates to use. How a swap works in theory is completely clear to me (i got my CFA charter in February so that helps haha). I work in real estate and i was given the task to value a swap that is hedging a variable rate loan on a property. the floating payer pays 3M EURIBOR, while the fixed payer pays 0,208% with a maturity to 30th Sept 2024. And that is where it gets unclear to me. EURIBOR curve does not extend until that maturity, since max maturity is 12M. so i got 1M, 3M, 6M and 12M EURIBOR. So the EURIBOR forward curve determines the future floating payments, so far so good. but what rate do i use to discount those future payments? i cant use forward rates to discount and i have no spot rates above 12M. pls help and sorry for the long message! cheers all the best L.

1-is it appropriate to use risk free rates (treasuries in this example) to value swaps? 2-@5:06, why the rate change to 4.5%, changes value of fixed swap bond, as fixed swap bond has rate fixed at 3.5%?

Hi Ryan, were the covariance right? The diagonal of the covariance, not close to zero Many thanks for the video

Can you elaborate on your point about the float side? Why only a single cash flow?

Should the price difference be zero?

Please can you clarify can we value the floating part based on the tbill yield curve for each period (6 month fixed) thus we bring the pv and summed like fixed rate. Thanks a lot

Hey Ryan, don't really understand why is there only 1 cashflow for Floating rate bond? How does the floating rate bond resets at par every coupon date relate to the cashflow stream?

Hi Ryan, I am confused about the float side only having 1 cash flow. Would you be able to provide a clarification? Thanks Ryan.