Accrual Swap
Accrual Swap - Definition An Interest Rate Swap under which the Counterparty pays a Base rate of Vanilla floating, usually three or six months LIBOR and receives LIBOR plus a Margin . Interest payments to the counterparty will come on days when rates remain within a certain Range
What is Accrual Swap?
Accrual Swap - Definition An Interest Rate Swap under which the Counterparty pays a Base rate of Vanilla floating, usually three or six months LIBOR and receives LIBOR plus a Margin . Interest payments to the counterparty will come on days when rates remain within a certain Range
Ready to trade forex?
Open a free demo account with a regulated broker. Practice with virtual funds before risking real money.