Recent content by ronaldtompkins

actually you couldn't be more wrong. their balance sheet will drive the credit rating, which is directly reflective of their trading/operating results.

No, they don't pay a below market rate. They are two different markets with two different yields.

corporations use swaps to achieve synthetic funding rates that are not available in the cash market. I.E. issue variable rate bonds and swap desired portion back to a fixed rate that provides a cost of capital that is less than a traditional fixed rate bond issuance. Or vice-versa with fixed...

just curious...do you think the majority of the retail market is sophisticated enough to use the swap market considering that that swaps are mainly used to hedge mortgage products or by corporations using to arb the cash market and create synthetic structures to lower their cost of capital?

drw does not imploy any dividend strategy between SSF and the underlying security