Mich. College Boosts OTC Usage

05 May 2010

Michigan State University reportedly plans to increase its investments in derivatives even as it tries to unwind interest-rate swaps linked to its debt.

Michigan State University reportedly plans to increase its investments in derivatives even as it tries to unwind interest-rate swaps linked to its debt. According to Moody’s Investors Service, Michigan State, the country’s 11th-largest college, historically “pursued an aggressive strategy” that uses derivatives. Glen Klein, the school’s director of ...

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