A Swap Bank Has Identified Two Companies with Mirror-Image Financing

Multiple Choice

A swap bank has identified two companies with mirror-image financing needs-they both want to borrow equivalent amounts for the same amount of time.Company X has agreed to one leg of the swap but company Y is "playing hard to get."

A) The swap bank could just sell the company X side of the swap.
B) Company X should lobby Y to "get on board."
C) Company Y should calculate the QSD and subtract that from their best outside offer.
D) none of the options