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Multicallable Swap

A callable swap in which the seller has the right, but is not obliged, to cancel the agreement on more...

Bond Substitution Swap

A bond swap that entails swapping substitute bond issues experiencing short-term imbalances in yield spreads. The imbalance will correct itself...

Yield Curve Arbitrage Swap

A basis swap in which the reference rates on which are based the two interest payment legs are set at...

Bond Swap

A trade that involves the sale of one bond and the use of the proceeds to purchase a different bond...

Multi-Payment Inflation Swap

A real interest rate swap (CPI swap) whose inflation leg pays a year-on-year inflation rate. Like it closest cousin, the...

Yield Curve Swap

A basis swap in which both parties pay a floating rate, but based on two different indexes. For example, one...

Year-On-Year Inflation Swap

An inflation swap where the two counterparties exchange an inflation rate against a fixed rate every year. This swap is...

Coupon-Currency Swap

An interest rate swap in which both counterparties pay fixed rate in their respective currencies. It is a type of...

Callable Coupon Swap

A coupon swap which gives the fixed rate payer the right, without the obligation, to terminate the swap at a...

Coupon Swap

An ordinary fixed-floating interest rate swap. In this swap, one party pays the fixed rate and the other pays the...