题目
XYZ Corporation plans to issue a 10-year bond 6 months from now. XYZ would like to hedge the risk that interest rates might rise significantly over the next 6 months. In order to effect this, the treasurer is contemplating entering into a swap transaction. Under the swap, she should:
选项
A.Pay fixed and receive LIBOR
B.Pay LIBOR and receive fixed
C.Either swap (a or b above) will work
D.Neither swap (a or b above) will work
答案
A
解析
In an interest rate swap, receive floating rate will hedge the risk that interest rates might rise .在利率互换中，收到浮动利率方将对冲利率上升的风险。