Fixed for Floating Swap

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Fixed for floating swap

An interest rate swap in which the fixed rate payments are swapped for floating rate payments.

Interest Rate Swap

The exchange of interest rates for the mutual benefit of the exchangers. The exchangers take advantage of interest rates that are only available, for whatever reason, to the other exchanger by swapping them. The two legs of the swap are a fixed interest rate, say 3.5%, and a floating interest rate, say LIBOR + 0.5%. In such a swap, the only things traded are the two interest rates, which are calculated over a notional value. Each party pays the other at set intervals over the life of the swap. For example, one party may agree to pay the other a 3.5% interest rate calculated over a notional value of $1 million, while the second party may agree to pay LIBOR + 0.5% over the same notional value. It is important to note that the notional amount is arbitrary and is not actually traded. This is also called a plain vanilla swap.

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Plain Vanilla Swap			It has also been expanded to offer cross currency fixed for floating swaps for these two currencies, along with any combination of the 13 additional currencies it covers, including: Australian dollars, British pounds, Czech koruna, Danish krone, Euros, Hungarian forint, Japanese yen, Norwegian krone, Polish zloty, Swedish krona, Swiss Francs, South African rand, and U. Interactive Data Extends Its Interest Rate Swap Valuation Service by Business Wire However, Fitch projects that the deal can be exposed to interest rate risk if the amortization of the $200 million fixed rate assets extend while the fixed for floating swap notional, currently at $164 million, continues to amortize. Fitch Affirms 6 Classes of Jupiter High-Grade CDO II, Ltd by Business Wire			Five Cs of Credit Five Hundred Dollar Rule Five Percent Rule five-hundred-dollar rule five-percent rule Five-Year Plan Five-Year Rule Fix Fixation Fixed Annuities Fixed Annuity Fixed Asset Fixed Asset Turnover Fixed Asset Turnover Ratio fixed assets Fixed base index Fixed Benefits fixed bid Fixed Capital Formation Fixed Cost Fixed Coupon Fixed Currency Fixed dates Fixed Exchange Rate fixed expenses Fixed for Floating Swap Fixed Income Fixed Income Clearing Corporation Fixed Income Equivalent Fixed Income Instruments Fixed Income Market Fixed Interest Rate fixed lease Fixed Premium Fixed Price Fixed Price Basis Fixed Rate Fixed Rate Loan Fixed Term Lease Fixed Trust Fixed-Charge Coverage Fixed-Charge Coverage Ratio Fixed-dollar obligations Fixed-Dollar Security Fixed-Income Arbitrage Fixed-Income Investment Fixed-Income Securities Fixed-Income Security Fixed-price tender offer Fixed-Rate Capital Security fixed-rate loan			fixed expansion prosthesis fixed expansion prosthesis fixed expansion prosthesis Fixed Expense Fixed Expense Fixed Expense Fixed Expenses Fixed Expenses Fixed Expenses Fixed Expenses Fixed expression Fixed expression Fixed Facility Checklist Fixed fact Fixed factors of production Fixed factors of production Fixed factors of production Fixed Federal Monitoring Network Fixed Fee Procurement fixed fee schedule Fixed field Fixed field Fixed Filter fixed fin Fixed Fire Extinguishing System Twinned Agent Fixed Flexion Deformity Fixed Flight Hours Fixed Floor Level Fixed focus Fixed for Floating Fixed for Floating Swap Fixed for Floating Swaps Fixed form fixed form coding Fixed Format Message Entry Device Fixed forms Fixed Frame Random Usage Fixed Frequency Oscillator fixed fulcrum Fixed Function Key Fixed Function Pipeline fixed future Fixed Gain Fixed Gain Mode Fixed Gameboard Fixed gear Fixed Gear London Fixed Global Regular Expression Print Fixed Ground Control Station Fixed Ground Entry Point Fixed Ground Power Fixed Ground Radar Installation Fixed Ground Receive Suite Fixed Ground Receive Terminal fixed gun

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