Algunos Swaps de Tipos de Interés (Some Interest Rate Swaps)

24 Pages Posted: 19 Dec 2012 Last revised: 24 Jan 2018

Date Written: June 1, 2015


Spanish Abstract: Esta nota contiene un caso real de una empresa que tenía un crédito con tipo de interés variable y contrató un swap para pagar tipo de interés fijo y eliminar su riesgo de interes. La nota tambien contiene 30 comentarios sobre el swap y varias contestaciones a los mismos realizadas por lectores de versiones anteriores de este documento.

English Abstract: This note has a real case of a company that had a variable-interest credit and subscribed a swap to pay fixed-interest and so, to eliminate its interest rate risk. The note also has 30 comments about the swap and answers to these comments made by readers of previous versions.

Note: Downloadable document is in Spanish.

Keywords: swap, interest rate swap, Spain, bets, interest rate risk

JEL Classification: G12, G31, G32

Suggested Citation

Fernandez, Pablo, Algunos Swaps de Tipos de Interés (Some Interest Rate Swaps) (June 1, 2015). IESE Business School Working Paper No. WP-1063, Available at SSRN: or

Pablo Fernandez (Contact Author)

IESE Business School ( email )

Avenida Pearson 21
Barcelona, 08034
+34 91 357 0809 (Phone)
+34 91 357 2913 (Fax)


Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
PlumX Metrics