Why would a bank with variable- rate money market deposits and fi xed- rate, long- term mortgages

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Why would a bank with variable- rate money market deposits and fi xed- rate, long- term mortgages enter into an interest rate swap with another bank that has long- term, fi xed- rate deposits and short- term, variable- rate mortgages? How would each benefi t?

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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