Swap reversal(redirected from Swap Reversals)
An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An interest rate swap with the exact opposite terms as another interest rate swap. An investor makes a swap reversal in order to close the position in the interest rate swap she already has.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved