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Adjustment Swap

Typically, an interest rate swap whose fixed rate payment substantially deviates from currently prevailing coupon rates on debt instruments with...

Swap Day Count Convention

The interest payment of a swap is determined based on compounding according to a specific day count convention (such as...

Swap Spread

The difference between the fixed rate leg of an interest rate swap and the yield of a treasury security with...

Deferred Swap

An interest rate swap or a cross-currency swap in which payments are put off for a specified time in the...

Turbo Swap

An interest rate swap (fixed for floating rate swap) in which the floating rate is calculated by raising the LIBOR...

Swap Futures

A futures contract which typically has an interest rate swap as underlying. It offers an instrumental tool for corporate treasurers,...

Credit Arbitrage Swap

An interest rate swap in which two counterparties exchange their credit comparative advantages (in terms of credit rating or creditworthiness)...

Forward Swap Agreement

An agreement between two parties to exchange interest rates, asset performances or prices or almost any economic values on a...

Non-Par Swap

An interest rate swap (specifically an off-market swap) where one or both of the assets underlying the swap sell/sells at...

Collared Swap

An interest rate swap in which an embedded collar is placed on the floating rate payment. In other words, the...