An interest rate swap that enables the client to pay a rate that is lower than that of a vanilla swap in return for...

The creation of a new swap agreement, while simultaneously canceling the original or old one. This may take place if the terms...

The lifetime of a swap at the end of which parties to the swap no longer pay obligations since it ceases to...

The lifetime of a swap at the end of which parties to the swap no longer pay obligations since it ceases to...

A swap dollar value of one basis point (0.01%). It refers to the change in the present value of a swap in response to...

Any swap where settlement takes place by periodically marking interest payments to market (marking to market, MTM). For example, in a credit default swap (CDS),...

A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...

An interest rate swap in which one party pays a fixed interest rate and receives floating-rate interest payments based on the...

An interest rate swap in which one party pays a fixed interest rate and receives floating-rate interest payments based on the...

A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...