2005Unpublished venueRequires access

Swap Markets

Keith Pılbeam

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Abstract

A swap is an agreement between two parties to exchange two differing forms of payment obligations. There are basically two types of swaps; an interest rate swap and a currency swap. In an interest rate swap the exchange involves payments denominated in the same currency, while in a currency swap the exchange involves two different currencies. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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What this paper is about

A swap is an agreement between two parties to exchange two differing forms of payment obligations. There are basically two types of swaps; an interest rate swap and a currency swap. In an interest rate swap the exchange involves payments denominated in the same currency, while in a currency swap the exchange involves two different currencies. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Available abstract

A swap is an agreement between two parties to exchange two differing forms of payment obligations. There are basically two types of swaps; an interest rate swap and a currency swap. In an interest rate swap the exchange involves payments denominated in the same currency, while in a currency swap the exchange involves two different currencies. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Key concepts: Foreign exchange swap, Swap (finance), Interest rate swap, Commodity swap, Currency, Payment, Business, Monetary economics

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