An arrangement in which two parties exchange specific amounts of different currencies...
see also Interest Rate Swap) An exchange of interest rate payments in different currencies on a pre-set notional amount and in reference to pre-determined interest rate indices in which the notional amounts are exchanged at inception of the contract and then re-exchanged at the termination of the contract at pre-set exchange rates. Delta The sensitivity of the change in the financial instrument's price to changes in the price of the underlying cash index.
Usually associated with speculative trading and high trading volumes. A swap that involves the exchange of principal and interest in one currency for the same in another currency. Currency Swaps were originally used to circumvent currency controls.
A contract between two counterparties to exchange interest streams from two different currencies and then exchange the lump sums as well at a future date.
an exchange of one currency for another between two borrowers in different countries.
Exchange of currencies at a time and price fixed in advance.
Currency swap is considered as a simultaneous conclusion of two opposite transactions in an exchange of two currencies with different delivery terms.
An exchange of fixed interest payments in one currency for those in another, coupled with a commitment to exchange the notional principal amount at the end and possibly at the beginning of the swap agreement at a predetermined exchange rate. The exchange of principal increases the credit risk.
a financial foreign currency contract whereby the buyer and seller exchange equal initial principal amounts of two different currencies at the spot rate
an agreement between two parties in which one party promises to make payments in one currency and the other promises to make payments in another currency
an agreement to exchange the cash flow from one currency to another at a specified forward exchange rate
an exchange of one currency against another for two
a popular derivative transaction that consists of an exchange of future cash flows in different currencies
A financial instrument which enables one or a series of payments or cash flows to be exchanged for payments or cash flows in another currency.
An agreement to swap a series of specified payment obligations denominated in one currency for a series of specified payment obligations denominated in a different currency.
A transaction between two parties that involves the exchange of interest payments in one currency for interest payments in another currency. Unlike an interest rate swap, a currency swap must involve the initial exchange and final re-exchange of principal between two parties at a specific exchange rate.
The simultaneous conclusion of two opposite transactions in a direction on an exchange of two currencies with different terms of their delivery.
When two parties exchange specific amounts of two different currencies and repay each over time, payments being based on fixed interest rates in each currency.
An exchange of two currencies, coupled with a subsequent re-exchange of those currencies, at agreed exchange rates and dates.
Swap of principal and interest payable or receivable in one currency into similar terms in another currency. Often used when issuing bonds for which the issuing currency is not the local currency of the issuer.
exchanging payments in different currencies between borrowers with debt
Contract which commits two counter-parties to exchange streams of interest payments in different currencies for an agreed period of time and to exchange principal amounts in different currencies at a pre-agreed exchange rate at maturity.
Similar to an interest rate swap, except the currencies in the two legs are different, the principal amount on which the interest is paid is always exchanged at maturity. Optionally, there may also be an exchange of principal at the start of the deal.
See on: Wikipedia Investopedia A foreign exchange agreement between two parties to exchange a given amount of one currency for another and, after a specified period of time, to give back the original amounts swapped.
A swap in which two loans in different currencies are exchanged.
A swap for the exchange of cash flow streams in two different currencies. derivative instrument An instrument that derives value from the value of some commodity, energy, or other financial instrument.
swap that involves the exchange of one currency (e.g., US dollars) for another (e.g., Japanese yen) on a specified schedule.
fiat money floating exchange rate
A currency swap is a foreign exchange agreement between two parties to exchange a given amount of one currency for another and, after a specified period of time, to give back the original amounts swapped.
