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Swap Assignment

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Swap assignment
Related: Swap sale
Swap Assignment
A swap in which one party pays a leg to the counterparty, then assigns the other leg to a third party. Thus, the first party steps out of the deal, receiving or paying the net amount of the deal. It is also called a swap sale or swap novation.
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Lina and Doon decide to swap assignments, forging a friendship which blossoms when the youngsters discover coded papers that could save Ember and its inhabitants.
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On the next experiment, swap assignments so everyone gets a chance to participate.
Temperachirp by Larson, Larry / Children's Digest
While termination of both swaps remains an option to OCTA due to the Lehman payment default and Bear Stearns swap assignment, the swaps currently carry a negative value and would result in an aggregate $12.
Fitch Assigns Orange County Trans Auth's (CA) SR91 Express Lanes ... by Business Wire
 
 
 
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