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Treasury Rate Index Principal Swap

An index principal swap in which the floating rate leg is based on the treasury bill auction rate (usually the…

RIP Swap

It stands for reverse indexed principal swap; a variant of interest rate swap which, contrary to indexed principal swaps, amortizes...

Reverse Indexed Principal Swap

A variant of interest rate swap which, contrary to indexed principal swaps, amortizes as interest rates fall. In other words,...

Indexed Principal Swap

An interest rate swap (specifically an amortizing fixed-for-floating rate swap) in which the fixed rate is set above the market...