The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

ABM AMRO opens interest rate swap market

ABN AMRO has launched MiniSwaps, a product allowing corporates, fund managers and institutions to trade and hedge interest rate risk. Regulatory or credit legislations has prevented some market participants from trading derivative contracts but the open-ended securities, says ABN AMRO, will open the market. MiniSwaps are priced at intrinsic value with no time value element and, importantly, trade like securities rather than derivatives with price linked to the prevailing level of the underlying interest rate.

Interest rate swaps were introduced to the markets in the 1980s. Since then, the market value of interest rate swaps has grown from a notional value of $680 billion at the end of 1987 to around $120 trillion in today's market.


Robert Douch, global head of distribution in ABN AMRO?s financial markets business, comments: ?We are already experiencing broad based interest from first time users as well as established swaps market participants, who are also attracted to the convenient and scalable access that MiniSwaps provide to the interest rate market.?

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree