Claudio Borio, Robert McCauley, and Patrick McGuire solved the problem about what I will write about this week by publishing “Dollar debt in FX swaps and forwards: huge, missing and growing” as part of the Bank of International Settlements’ quarterly review (
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!