A swap agreement made between a municipality (a city or town local council) and a financial intermediary, in which the…
A practice by which a swap market maker runs a book of unmatched swaps and manages the entire set of…
A swap which is basically created to offset or counter the interest rate or market risk of an earlier swap...
An interest rate swap in which the floating rate is set in arrears. This means, the floating rate is determined based on the value...
The fixed rate in an interest rate swap expressed as a percentage rate instead of a premium or a discount to a specified reference rate. The...