A counterparty to a swap agreement that has experienced a termination event such as illegality (change in any law or...

A provision that is usually stipulated in, or attached to, a debt instrument or swap agreement, by virtue of which…

A swap rate is the fixed rate that the fixed rate payer, in a swap agreement, makes to the floating-rate…

An agreement that in advance sets the absolute swap rate level for a swap that starts on a future date....

Counterparty credit risk is a source of great concern for end users and dealers in the swaps market (market for...

An exotic cross-currency swap whose maturity is typically long-dated, up to 30 years, while its coupons are options on the...

It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...

A cancellable swap in which the fixed-rate receiver/ floating-rate payer has the right, but not the obligation, to terminate the...

A swap which partially matches the debt it was picked to alter its underlying interest rate (whether from fixed to...

A practice whereby an intermediary enters into one side of the swap transaction, such as fixed rate payer (or floating...