abhishreshthaa
Abhijeet S
Swaps
A swap is an agreement to exchange cash flows at specified future times according to certain specified rules.
Most commonly used as an interest rate, exchange rate derivative instrument.
Commonly used for conversion from one type (floating/fixed) of interest rate or currency to another type of interest rate or currency.
A swap is an agreement to exchange cash flows at specified future times according to certain specified rules.
Most commonly used as an interest rate, exchange rate derivative instrument.
Commonly used for conversion from one type (floating/fixed) of interest rate or currency to another type of interest rate or currency.