IRS

[sunandaC]

An Interest Rate Swap (IRS) is a financial contract between two parties


exchanging or swapping a stream of interest payments for a notional

principal amount of multiple occasions on specified periods. Accordingly, on

each payment date that occurs during the swap period-Cash payments

based on fixed/floating and floating rates are made by the parties to one

another.

 

[rosemarry2]

An Interest Rate Swap (IRS) is a financial contract between two parties


exchanging or swapping a stream of interest payments for a notional

principal amount of multiple occasions on specified periods. Accordingly, on

each payment date that occurs during the swap period-Cash payments

based on fixed/floating and floating rates are made by the parties to one

another.

hey mate,

Here I am uploading Overview of Interest Rate Swaps, so please download and check it.