What is the Definition of an Interest Rate Swap?
- Posted on November 19, 2019
- Financial Terms
- By admin admin
An Interest Rate Swap is a financial derivative which is a contract between two parties agreeing to exchange their cash flows from interest rates. This can be done in a variety of ways:
- Fixed-rate for floating rate
- Fixed-rate for fixed-rate
- Floating rate for fixed-rate
- Floating rate for floating rate
Be the first to comment!
You must login to comment