Find Docs

Salomon - FITCH (Page 1)

Wodocs >> Sports : Snowboard, Skiing >> Salomon FITCH Page 1
Salomon - FITCH
Special Report
Salomon Swapco Inc.
Counterparty Risk ............................... AAA
Roger W. Merritt, CPA
(212) 908-0636
Peter G. Jordan
(212) 908-0566
Company Contact
Douglas J. Lucas
Co-Chief Executive Officer
(212) 783-0607
Fitch affirms Salomon Swapco Inc.'s (Swapco)
'AAA' counterparty risk rating. Swapco is a
wholly owned subsidiary of Salomon Broth-
ers Holding Co. (SBHC), which, in turn, is
wholly owned by Salomon Inc. Swapco is a
bankruptcy-remote, stand-alone derivative
product company (DPC) established to inter-
mediate certain derivative transactions be-
tween highly rated counterparties and SBHC.
The counterparty risk rating is based on a
strong capital base and high counterparty
credit quality; conservative risk management,
investment, and operating guidelines; and a
termination structure that requires cash set-
tlement of all Swapco contracts following a
trigger event.
Swapco intermediates various over-the-
counter (OTC) derivative transactions, includ-
ing swaps and options on interest rates,
currencies, and equities with highly rated coun-
terparties. As of Sept. 30, 1995, the notional
amount of Swapco's total portfolio was
$100.4 billion, an increase from $66.8 billion
at year-end 1994. Based on notional amounts,
the majority of transactions involve swaps or
options on various interest rate indexes. At
Sept. 30, the average maturity of Swapco's
derivative portfolio was 4.3 years.
Swapco determines capital requirements
daily on the basis of portfolio size, counter-
party credit quality, and portfolio diversifica-
December 25, 1995
Financial Institutions

<< Previous      1 2 3 4       Next >>

Other Documents:
2010 Yamaha V Star Classic, 2010 BMW K 1300 GT, 2010 Keeway Hacker 125, 2011 Hyosung GV125C, 2010 TM racing SMR 450 F e.s., IR 96 1 Q, IR 96 2 Q, IR 96 3 Q, IR 97 1 Q, IR 97 2 Q, IR 97 3 Q, IR 98 1 Q, MOODYS, ACCESSORIES, CLOTHING, GOGGLES 04, LENSES, MX GEAR ORDER FORM, consumer sweepstakes, vegas official rules, vtb fwd, vtm wc 12 24, AC power cord IEC, phase thermal pad mv, bja sa, bjs fwa u, erm sa, erm sb, ers 00a, ers sa, ers sb, sva sb, svm sb, vta sb, BWB SX, PFC SX, bjd sa, bsb sa hsa u, bwb sx u, erb 00a, erb 00b, erb fwb, erb hwa, erb hwb, erb sb, erb sz, erd sa, ert 00a, ert 00b, ert fwa, ert fwb, ert hwa, ert hwb, pfc sx u, svb sb,

Wodocs share you 300000 free online manuals, brashures and other documents, some pages can be downloaded.

if you have any questions about FITCH online manual, please feel free to contact us
if you can't find Salomon user, owners manual, operating instructions, service manual, quick start guide, mounting,
and installation instructions, RTFM, schematics and user guide, please use search box or contact us.

All copyrights, pictures, pdfs, trademarks and brands are the property of their owners.

WODocs | |
All rights reserved. wodocs.comę 2009

New Docs

Documents Category:
Arts (Design, Movies, Music, Radio, Television)
Automotive (Cars, Marine, Motorcycle, ATV, Snowmobiles)
Business (Biotechnology and Pharmaceuticals, Chemicals, Construction and Maintenance, Materials, Real Estate, Services)
Electronics (Computers, Motion Control, Power Supply)
Games (Board, Family, Party, Card, Construction, RC Toys)
Health (Animalm, Beauty, Healthcare, Medicine, Pharmacy, Surgery, Weight Loss)
Home (Accessories, Cooking, Decor and Design, Electrical, Family, Pets)
News (Newspapers, Sports, Television)
Recreation (Collecting, Hiking, Scouting, Survival, Travel)
Reference (Education, Libraries and Archives, Museums)
Science (Agriculture, Astronomy, Biology, Chemistry)
Shopping (Antiques and Collectibles, Clothing, Flowers, Food, Home and Garden)
Sports (Bicycle, Snowboard, Skiing, Other)