Swap rate


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Swap rate

The difference between spot and forward rates expressed in points, e.g., $0.0001 per pound sterling.
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This will set a new benchmark for the GCC Reit framework, specifically as we believe that the financing rate broadly reflects a level equivalent to the swap rate plus margin paid by the company on its current debt obligations.
National Australia Bank (NAB:ASX) has said that corporate regulator ASIC's case that setting of the bank bill swap rate was manipulated is 'embarrassing.
Following the announcement of the EU referendum result towards the end of the quarter, the 15 year swap rate fell, reaching 1.
Sydney: Australia's largest lenders and 11 international banking peers are being sued by funds in a US lawsuit over alleged manipulation of the South Pacific nation's benchmark swap rate.
19% or 45 basis points more than the yen swap rate, according to data compiled by Bloomberg.
38% coupon and yields 90 basis points more than the yen swap rate.
The increase in the one-year swap rate is higher than the longer-term swap rates.
Slade says: "The cost of funding fixed rate mortgages through the swap rate market has hit an all-time low, and this is being passed on to borrowers with some of the lowest mortgage rates ever.
The loan with 18-year maturity has a 20-year SWAP Rate + 55 bps interest rate, with a three-year grace period.
This paper examines the relative size of the effects of New Zealand monetary policy and macroeconomic data surprises on the spot exchange rate, 2 and 5 year swap rate differentials, and the synthetic forward exchange rate schedule.
Chart 3 presents an example of how the yield on a corporate bond (NOKR98) develops relative to government bond NST 465 (11) and the swap rate with the same maturity as NST 465.
On average, yen-dollar swap rate quotations for the period incorporated small but statistically significant positive term premiums.