A single payment of periodical/ resetting cash flows associated with, or calculated based on, LIBOR, as a reference rate. A...

A cross currency basis swap which doesn't involve currency conversion. For example, assume short-term interest rates in Japan are very...

The interest rate at which banks borrow funds from each other, in marketable size, in the London interbank market. This...

It stands for the London Interbank Offered Rate, i.e., the interest rate at which banks borrow funds from each other,...

The basis point value (BPV) of a swap is the amount by which the swap's value changes in response to a change of one basis...

A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...

It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...

An interest rate swap that has two legs: 1) LIBOR-pay, prime-receive and 2) prime-pay, LIBOR receive. In other words, the...

An interest rate swap in which a fixed rate is exchanged for a floating rate, with the latter being set...

An interest rate swap (or virtually any types of swaps) usually has a spot start date which means two business...