intermarket spread swap

(redirected from Inter-Market Spread Swaps)

Intermarket Spread Swap

The sale of one bond and the purchase of another with completely different terms, such as a different coupon rate or maturity. Alternatively, one may directly swap one bond for the other. Intermarket spread swaps occur when the market and/or one's investment goals have changed, rendering it necessary to adopt a different bond strategy.

intermarket spread swap

The sale of one bond combined with the purchase of another bond that has entirely different features in order to improve the investor's position.
Full browser ?