interest rate swap
A contract to change the cash flows resulting from an investment from fixed rate to floating rate or from floating to fixed without exchanging the principle amount. A currency interest rate swap would involve exchanging the investment cash flows from one currency into another.
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Bermuda swaption
plain vanilla swap
International Swaps and Derivatives Association (ISDA)
absolute rate
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one sided
Illiquid option
Narrow basis
quanto swap
Soft commodity