A gradual decrease in the quality (credit rating, credit quality) of a credit (a security or an issuer) or a...

A party to a credit default swap (or any other type of swap) that pays the other counterparty (known as...

A party to a credit default swap (or any other type of swap) that takes on the credit risk of...

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

A trade that consists of taking a position in a bond and an opposite position in a swap for the...

A swap which involves an exchange of interest calculated by reference to the Retail Prices Index (RPI) and another reference...

A process of replacing a contract or a series of contracts with a new one(s), whereas a third party takes...

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

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

The expected future values of the Bond Market Association (BMA) index, where expectations are taken in the corresponding forward probability...