How Swap Pricing Works

Swaps are like any other commodity, there is a wholesale price, commonly referred to as the "mid-market" price, then there is the price quoted by your bank or swap dealer.  This quoted price is the wholesale price plus your bank's hedging costs and credit charges, on top of that the biggest add on is your bank's swap fee.

We can help you to verify the 'mid-market" rate, understand hedging costs and credit charges, then push back on the bank's swap fee to negotiate a lower swap rate.