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Accounting
Banking

Yield Giveup Swap

A bond swap and particularly a form of the intermarket spread swap whereby an investor may be compensated for the…

Switch

In the U.K, it is used to refer to a bond swap. It is a trade that involves the sale...

Substitution Swap

A bond swap that enails swapping substitute bond issues experiencing short-tem imbalances in yield spreads. The imbalance will correct itself…

Credit Improvement Swap

A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…

Duration Shortening Swap

A bond swap that involves swapping a long maturity bond with a shorter maturity bond. This swap helps investors to...

Intermarket Spread Swap

A transaction that involves the sale of a given bond and the purchase of another with different features, in an...

Tax Loss Swap

A bond swap that aims to contain the effect of increasing interest rates on a portfolio by selling a bond...

Rate Anticipation Swap

A two-legged transaction that involves the sale of one bond and the purchase of another with different term to take...

Duration Extension Swap

A bond swap that involves swapping a short maturity bond with a longer maturity bond. This swap helps investors to...

Issuer Swap

A swap by which a low-rated issuer can sell its debt under the name of another issuer. A low-rated bank...