Show all results sharing this subject:
1 An interest rate swap which has a reduction in the fixed rate payment. Such a swap might be used to hedge the fixed rate on a step-down coupon security.
The Handbook of International Financial Terms »
See all related items in Oxford Index »
Search for the text `step-down swap' anywhere in Oxford Index »
Users without a subscription are not able to see the full content. Please,
or login to access all content.
Forgot your password?