⏭️ Forward Swaps

This sub-topic presents mathematical documentation and a calculation tool for the valuation and risk assessment of forward swaps. Unlike plain-vanilla swaps, these instruments involve a lead time; otherwise, the two products are very similar. The Documents & Materials section contains a mathematical description of a forward swap, comparing it with plain-vanilla swaps (both theoretically and through two numerical examples).

Specifically, the following elements are covered:

- Theoretical fundamentals

- Swap valuation

- Methodology based on historical time series

- Worked examples

- Additional risk metrics

- Collection of formulas