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Liquidated swaps works for AOFM

This is a discussion on Liquidated swaps works for AOFM within the 2009 Q4 News Headlines forums, part of the 2009 News category; The Australian Office of Financial Management said it generated gains of around $1 billion from its decision to unwind its portfolio of interest rate swaps. AOFM made the decision to ...


 
 
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Old 20th October 2009, 07:51 AM   #1
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Post Liquidated swaps works for AOFM

The Australian Office of Financial Management said it generated gains of around $1 billion from its decision to unwind its portfolio of interest rate swaps. AOFM made the decision to do so in mid 2008 and began to do so under a program beginning in November 2008, a month or two into the worst phase of the financial crisis.

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