Erhart, Szilárd; Kollarik, András - In: MNB Bulletin 6 (2011) 1, pp. 20-29
In relation to the October 2010 launch of the HUFONIA Swap Index, we discuss the most important characteristics of the overnight indexed swap (OIS) market, one of the fastest-growing segments of advanced money markets. OIS contracts allow for the cost-effective management of short-term interest...