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Swap Book
(redirected from Swap Books)

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Swap book
A swap bank's portfolio of swaps, usually arranged by currency and maturity.
Swap Book
A list of potential swaps kept by a swap bank or a broker. A swap bank acts as an intermediary; it looks for potential counterparties for investors who want to engage in a swap. A swap book assists in this task; it is usually arranged by currency and maturity.
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The concept is delightfully simple," says parish councillor Bob Dolby, explaining how residents use it to swap books any time of the day or night.
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The concept is delightfully simple," says parish councillor Bob Dolby, explaining how residents use it to swap books any time of the day or night.
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