%0 Journal Article %A Jeff Bauman %A John Coleman %A Rob Powell %T Using Eurodollar Futures to Create Inexpensive, Synthetic Swaps That Qualify for Hedge-Accounting Treatment %D 2001 %J Special Issues %P 80-85 %V 2001 %N 1 %X 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. %U https://guides.pm-research.com/content/iijspecial/2001/1/80.full.pdf