Understanding Amortizing and Accreting Swap Product and Valuation

An amortizing swap is an interest rate swap whose notional principal amount declines during the life of the contract whereas an accreting swap is an interest rate swap whose notional principal amount increases instead. This presentation gives an overview of... More

An amortizing swap is an interest rate swap whose notional principal amount declines during the life of the contract whereas an accreting swap is an interest rate swap whose notional principal amount increases instead. This presentation gives an overview of amortizing or accreting swap product and valuation model at http://www.finpricing.com/lib/IrAmortizingSwap.html Less