Swaps |
Exchange of debt obligations between two parties either exchange of currencies either fixed/floating or floating/fixed and sometimes both. |
REMARKS | The latter applies to a notional principal sum and the agreement lasts for a stated time period. | Most of the time when people use the term swaps, they are generally referring to interest rate swaps. |
© 2024 Better Solutions Limited. All Rights Reserved. © 2024 Better Solutions Limited Top