1.   Before last week, there was ambiguity about whether swap contracts were covered by Commodity Futures Trading Commission rules.

2.   - Outstanding foreign currency debt to be valued at the market exchange rate, not at the exchange rates agreed in the swap contracts.

3.   Derivatives include such things as options, futures contracts and interest-rate swap contracts.

4.   If the price of fuel rises, an airline can offset its higher costs with money it makes on swap contracts.

5.   Most major airlines enter into swap contracts with banks to lock in their jet fuel costs, their biggest expense after labor.

6.   Outstanding foreign currency do be valued at the market exchange rate, not at the exchange rates agreed in the swap contracts.

7.   Swap contracts typically involve an exchange of payments between two parties for a specified time period.

8.   The Thai government, as part of its bailout agreement with the International Monetary Fund, pledged to announce its foreign reserves and remaining swap contracts twice a month.

9.   Chaiyawat has given several interviews denying any role in the foreign exchange swap contracts, although he was deputy governor at the time.

10.   Controversial will be the extent to which Chaiyawat Wibulwasdi, the present central bank governor, knew or was involved in the build-up of the gigantic swap contracts.