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Mid Rate

An average of a pay rate (bid rate) and a receive rate (offer rate) in an interest rate swap. A dealer...

    Mid Market Swap Rate

    The swap rate that makes a swap break even, i.e., renders its present value equal to zero. At this rate, the present value of the floating...

      Swap Mid-Rate

      An average of a pay rate (bid rate) and a receive rate (offer rate) in an interest rate swap. A...