Swap sale

Swap sale

Also called a swap assignment, a transaction that ends one counterparty's role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty.

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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47th Annual Westboro Ski Swap Sale includes new and used downhill skis, boots and clothing, skates and cross-country equipment, 9 a.
A pilot study by the Financial Conduct Authority found 90% of the swap sale products had been mis-sold.
Gallery150 in the town is also staging an arts buy or swap sale on Tuesday.
Scrum half remains Foden's preferred position and his determination to play there prompted him to swap Sale for Saints last summer.
In 1992, McAdams made $115 million through a stock swap sale of Union National's holding company, Union of Arkansas, to Worthen Banking Corp.
But to continue the scheme they desperately need more donations to allow further school swap sales.
But in June 2010, Qalehbani implied that oil swap sales were a pain.
We have clothes dating back to the 1920s and we take part in other events such as bric-a-brac and swap sales where people can bring their own clothes and swap them for ours for free
Allied Irish Bank (UK), Bank of Ireland, Clydesdale and Yorkshire Banks, The Co-operative Bank and Santander UK have are the banks that have now agreed to review interest rate swap sales.
may be sued by the SEC for its work on bond an interest-rate swap sales for Jefferson County's sewer system in 2002 and 2003.
Anthony Sciacca, Director and head of Structured Credit Products Marketing/Origination * Steve Altemeier, Director and head of Structured Credit Products Corporate Deal Management * Ken Gacevich, Vice President, Middle Market Loan Trading * Jason Powers, Vice President, Structured Credit Products Deal Management * Steve DiVittorio, Vice President, Credit Default Swap Trading * Chad Strean, Vice President, Credit Default Swap Sales
An overwhelming 82 per cent of customers would happily swap sales for year-round low prices.