en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
     
 
Home
      
Knowledge Base
      
Equity Derivatives and Structured Products Glossary
      
Cross-currency swap
       
 
Back

Cross-currency swap

 Search definitions     
  Search  

Cross-currency swap
A cross-Currency Swap involves the Exchange of cashflows in one Currency for those in another. Unlike single-Currency swaps, cross-Currency swaps often require an Exchange of principal. Typically the notional principal is exchanged at inception at the prevailing Spot rate. Interest rate payments are then passed back on a fixed, floating or zero Basis. The principal is then re-exchanged at maturity at the initial Spot rate.
Posted by  Privatebanking.com
 
  Back  
  Print  
  Email  

 

private banking
private banking
private banking
private banking
private banking
private banking
Get Adobe Flash Player to view the media
FlashPlayer required to view the media

 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©