Circus swap
Circus swap
A fixed-rate currency swap against floating US dollar LIBOR payments. An acronym that stands for Combined Interest Rate and CUrrency Swap.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
References in periodicals archive
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Other types include fixed-for-fixed rate currency swap, floating-for-floating rate currency swaps, circus swaps, and amortizing swaps.
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