RT Journal Article SR Electronic T1 Using Eurodollar Futures to Create Inexpensive, Synthetic Swaps That Qualify for Hedge-Accounting Treatment JF Special Issues FD Institutional Investor Journals SP 80 OP 85 VO 2001 IS 1 A1 Jeff Bauman A1 John Coleman A1 Rob Powell YR 2001 UL https://pm-research.com/content/2001/1/80.abstract AB Over-the-counter swaps are basically a retail market. The dealer community prices and hedges its LIBOR-based swaps off the eurodollar futures curve. A corporate treasurer can cut out the middleman and save money by using Eurodollar futures to replicate interest-rate swaps. This article provides 1) a primer on Eurodollar futures and 2) guidelines for hedging with Eurodollar futures in a manner that is compliant with FAS 133.