TY - JOUR T1 - Using Eurodollar Futures to Create Inexpensive, Synthetic Swaps That Qualify for Hedge-Accounting Treatment JF - Special Issues SP - 80 LP - 85 VL - 2001 IS - 1 AU - Jeff Bauman AU - John Coleman AU - Rob Powell Y1 - 2001/09/21 UR - https://pm-research.com/content/2001/1/80.abstract N2 - 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. ER -