For large unwinds (e.g. notional amount of $100 million or more), a swap transaction can be sliced up into several...

A credit default swap (CDS) or credit swap is defined as a swap entered into by two counterparties, a buyer...

A credit default swap (CDS) or credit swap is defined as a swap entered into by two counterparties, a buyer...

A swap rate is the market rate on the fixed-rate leg of a swap. This rate is paid by the...

A swap rate is the market rate on the fixed-rate leg of a swap. This rate is paid by the...

A firm has issued a debt of $5 million nominal amount maturing in 2 years and is referenced to the...

The swap market allows borrowers (especially those at a disadvantage to borrower from banks) to lock in the best rates...

A swap is a derivative contract entailing the exchange of two different payment streams over the life of the contract....

A swaption is an option which has a swap as underlying. It gives the holder (buyer) the right but not...

Swaps are typically quoted in two ways: as a spread (swap spread) and as an all-in rate: Spread: a swap...