An interest rate swap in which the notional principal increases over time according to a preset schedule. It is the opposite of an amortizing swap.
The setup coupon swap is also called an accreting swap and escalating swap.
An interest rate swap in which the notional principal increases over time according to a preset schedule. It is the opposite of an amortizing swap.
The setup coupon swap is also called an accreting swap and escalating swap.
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