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Quotes of the day:
Everyone got caught up in the debate of deflation, Greece and the Ukraine crisis and so expectations were quite low, it now seems the deflation story is a positive one for the euro zone since cheaper oil means consumers spend less on energy and have more money in their purse.
The quality spread differential (QSD) is used to calculate the difference between market interest rates that the two parties potentially entering into an interest rate swap are able to achieve. QSD is a measurement that companies can use to gauge interest rate swap counter-party default risk.
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