A swap agreement that practically converts the cash flows from an amortizing debt instrument into a fixed payment at the...

Swap payments are usually netted against each other, rather than actually exchanged. That is, the counterparty with a positive position...

In interest rate swaps and also currency swaps, it is the predetermined money amount on which the interest payments to...

Swap transactions are typically viewed as the exchange of a fixed rate for a floating rate, or vice versa. Interest...

An interest rate swap that pays out if inflation (as measured by percentage increase in a relevant inflation index, such...

It stands for swap notional principal amount; the nominal value that is used as a basis for calculation of swap...

The fixed and floating payments that are exchanged by the two counterparties to a swap. The fixed payment is made...

The nominal value that is used as a basis for calculation of swap payments over the swap term. Each counterparty's...

The risk that a counterparty to a swap will not make a due payment on a specific reset day. Differently...

One payment/ trade of a series of swap payments or forward rate agreement (FRA) trades. Each swaplet starts when the...