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Swap Seller

The floating rate payer, or a party to an interest rate swap who makes, to a fixed rate payer, variable...

Swap Buyer

The fixed rate payer, or a party to an interest rate swap who makes, to a floating rate payer, i.e.,...

Short a Swap

The position of the fixed-rate receiver (who is also the floating-rate payer) on an interest rate swap. In a plain vanilla swap, the short side trades a...