Open AccessWalutowe i procentowe transakcje zamiany - podstawy mechanizmu działania
Author(s) -
Maria Kukurba
Publication year - 2016
Publication title -
kwartalnik kolegium ekonomiczno-społecznego studia i prace
Language(s) - English
Resource type - Journals
ISSN - 2082-0976
DOI - 10.33119/kkessip.2016.2.1
Subject(s) - swap (finance) , currency , interest rate swap , principal (computer security) , business , derivatives market , financial market , financial system , accounting , economics , monetary economics , finance , computer science , computer security , futures contract
This article describes the derivatives OTC market in Poland. The reports of the National Bank of Poland and literature review form the base for the analysis. The main objectives are to identify principal derivatives of the Polish OTC market after 2004 and explain the purpose of swap contracts. The principle conclusion of the article states that after 2004 Polish OTC market was still developing and that main financial instruments traded on this market are currency swaps, IRS and CIRS.