Local Vs External Rates

MarianoArrieta · October 24th, 2010, 8:41 pm

Hi guys, What are the most common techniques among practitioners to compare local currency bonds versus external bonds? I was thinking about asset swap local currency bonds into Libor for instance. Does anyone can suggest some paper or report to read on this subject? Thanks in advance.M

EMaster · October 25th, 2010, 5:23 am

I am also interested in this subject.

freddiemac · October 30th, 2010, 2:53 pm

freddiemac · October 30th, 2010, 2:55 pm

Perhaps these papers might be of interest.The Influence of FX Risk on Credit SpreadsFX-Adjusted Local Currency SpreadsHTH