Swap

Findthousandsoffinancialtermsatwww. ftpall. com Financial Terms related to Swap This document is part of the valuable contents available at www. ftpall. com, a free online glossary with more than five thousand financial and business terms. This document... More

Findthousandsoffinancialtermsatwww. ftpall. com Financial Terms related to Swap This document is part of the valuable contents available at www. ftpall. com, a free online glossary with more than five thousand financial and business terms. This document can be copied and distributed freely respecting its original format. It is forbidden its transcription, translation or change on its format without authorization of its author or editor. SWAP Amortizing interest rate swap • Swap in which the principal or national amount rises (falls) as interest rates rise (decline). Asset for asset swap • Creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. Asset swap • An interest rate swap used to alter the cash flow characteristics of an institution s assets so as to provide a better match with its liabilities. Basis swap • See interest rate swap. Call swaption Less