cross-currency interest-rate swap

Show Summary Details

Quick Reference

A swap of two different interest rates in two different currencies. This usually involves swapping a fixed rate for a floating rate (or vice versa); if both rates are floating it is known as a basis swap. See currency swap; interest-rate swap.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.