Equity Swap Rates

Discussion in 'ETFs' started by VT96, Jun 11, 2009.

  1. VT96


    Anyone know if rates at 3M Lib - 600 competitive?
  2. sjfan


    3M Libor is 0.63% or so. So, L-600 means the receive floating, pay returns leg is actually paying - and returns are expected to be negative. What's the other leg of the swap? Which equity index?