2019 Back-to-back swap program benchmark statistics report
Request your copy of the 2019 back-to-back swap program benchmark statistics report.
How does your financial institution compare?
Are you interested in seeing how your interest rate swap program stacks up relative to your peers from around the country? Perhaps your financial institution is not yet using swaps to win more commercial loan business, but would find value in reviewing and analyzing Chatham's back-to-back benchmark stats report.
Regardless of your program status, community and regional financial institutions discover important information on:
- Average gross fees
- Average DV01
- Average transaction volume
- 1-Month LIBOR trade statistics: term and notional
- 2019 average credit spreads
- 3-Year average credit spread trends by geography
Request your copy
Complete the form below to request a copy of the 2019 benchmark stats report:
Chatham Hedging Advisors, LLC (CHA) is a subsidiary of Chatham Financial Corp. and provides hedge advisory, accounting and execution services related to swap transactions in the United States. CHA is registered with the Commodity Futures Trading Commission (CFTC) as a commodity trading advisor and is a member of the National Futures Association (NFA); however, neither the CFTC nor the NFA have passed upon the merits of participating in any advisory services offered by CHA. For further information, please visit chathamfinancial.com/legal-notices.
Transactions in over-the-counter derivatives (or “swaps”) have significant risks, including, but not limited to, substantial risk of loss. You should consult your own business, legal, tax and accounting advisers with respect to proposed swap transaction and you should refrain from entering into any swap transaction unless you have fully understood the terms and risks of the transaction, including the extent of your potential risk of loss. This material has been prepared by a sales or trading employee or agent of Chatham Hedging Advisors and could be deemed a solicitation for entering into a derivatives transaction. This material is not a research report prepared by Chatham Hedging Advisors. If you are not an experienced user of the derivatives markets, capable of making independent trading decisions, then you should not rely solely on this communication in making trading decisions. All rights reserved.20-0014
Our featured insights
The NCUA Board approved a proposed rule to modernize and simplify the agency’s derivatives rules. The proposed changes would make it easier for federal credit unions to use common hedging tools to manage their interest rate risk especially during these times of disruption and uncertainty.
Our friends from The Kafafian Group sat down with Matt Tevis and Kim Johnston from Chatham to discuss the transition away from LIBOR, various alternatives including SOFR, and how community banks can best prepare.
The major U.S. equity indices snapped a three-week stretch of gains, moving lower for the week, as investor sentiment soured amid stalling stimulus package negotiations on Capitol Hill and surging COVID-19 cases in the U.S. and Europe.
Despite faltering stimulus bill negotiations, rising COVID-19 cases in the U.S. and Europe, and troubling COVID-19 vaccine developments, the major U.S. equity indices marched higher for the third consecutive week.
Challenged by having excess liquidity and fewer loan opportunities, financial institutions need to utilize all available tools to be competitive and determine how best to meet their customers’ needs while also managing their own rate risk in this historically low-rate environment.
The CEO of a community bank who actively uses a correspondent bank hedging program contacted Chatham and was looking to analyze pricing. They wanted better visibility into the economics of a $6.8M transaction the bank had recently executed.
A $2.8B community bank in the Midwest wanted to provide their commercial borrower with long-term fixed rate funding through a swap program with a correspondent bank. The correspondent bank denied their request due to a disagreement over loan-to-value proceeds.
Each year we publish a back-to-back swap benchmark report capturing the previous year’s activity that compares data across years, regions, and bank asset size. Given the unique circumstances of 2020, we are providing a midyear update. Request your copy to gain additional insight.