- 2 As A Swap Broker You Are In Touch With Two Banks Banks C And D The Annual Interest Rate That Can Be Earned Is Usd 1 (14.95 KiB) Viewed 22 times
2. As a swap broker, you are in touch with two banks, Banks C and D. The annual interest rate that can be earned is USD
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2. As a swap broker, you are in touch with two banks, Banks C and D. The annual interest rate that can be earned is USD
2. As a swap broker, you are in touch with two banks, Banks C and D. The annual interest rate that can be earned is USD 2.2% for Bank C and USD 2% for Bank D in the U.S. market and EUR 2% for Bank C and EUR 2.40% for Bank D in the Eurozone market. If Bank C wants to earn interest in Euros and Bank D wants to eam interest in Canadian dollars, illustrate how you can set up a USD-Euro currency swap that would look equally attractive to both banks and leave a 0.20% margin to your brokerage company.