A constant maturity swap (either fixed/ floating or floating/ floating) in which the yield on a treasury bond (sovereign debt) is exchanged for either a fixed rate or a floating rate on each payment date. It allows investors to hedge the yield curve and similarly long-dated interest rate risk.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments