Deutsche Bank to review valuations of inflation swaps: Bloomberg
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(Reuters) - Deutsche Bank AG
The lender is looking at valuations on a type of derivative known as zero-coupon inflation swaps, Bloomberg reported on Wednesday. (http://bloom.bg/2eRLuHH)
After finding valuations that diverged from internal models, Deutsche Bank began questioning traders, according to the report.
Zero-coupon inflation swaps are derivatives whose pay-off depends on the rate of inflation in a given period.
A Deutsche Bank spokesperson declined to comment.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)
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