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Henrik Karlsson's avatar

Hi Brian,

Firstly, I apologize for commenting for the first time making a remark that the video may refer to something slightly different - FX Swaps - please see details here: https://corporatefinanceinstitute.com/resources/derivatives/foreign-currency-swap/

I really enjoy your writing, please keep up your excellent substack posts!

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Brian Romanchuk's avatar

Thanks. By that description, FX swaps have maturities that are two short to be covered by a basis swap - no time for there to be a future short rate fix. I’ll have to look at my wording.

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