Overnight Index Swaps (OIS) Explained | Mechanics and Use (FRM Part 1)
In this video from the FRM Part 1 curriculum, we explore Overnight Index Swaps (OIS). We take a look at the mechanics of OIS that reference SOFR (Secured Overnight Financing Rate) i.e. how they work and how they can be used in a very practical situation that involves transforming the nature of liabilities of a financial institution from floating to fixed.
For more videos and preparation materials for the FRM Part 1 exam, please visit the course page: https://www.finRGB.com/courses/frm-pa....