A total return index swap (TRIS) where one leg is based on a CMS return index and the other is either a fixed or floating rate. At maturity, the cumulative total return of the CMS return index would be paid in exchange for all periodic payments that have been made on the other leg.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments