The fixed-rate of interest on the fixed-rate leg of an interest rate swap or a currency swap (or any similar structures). More specifically, swap...

It stands for intercontinental exchange rate. By definition, it is the mid-price for interest rate swaps (the fixed leg) and...

An average of a pay rate (bid rate) and a receive rate (offer rate) in an interest rate swap. A dealer...

The swap rate that makes a swap break even, i.e., renders its present value equal to zero. At this rate, the present value of the floating...

By convention, the floating rate of a swap is quoted flat without basis point adjustments; e.g., LIBOR flat. The fixed rate is quoted in terms of the on-the-run...

The market interest rate which is used (or referred to) to determine the fixed rate leg of a swap. At...