Forward start swap: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
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A forward start swap has its first interest setting and calculation period starting at a future date. | A forward start swap has its first interest setting and calculation period starting at a future date. | ||
For example, in order to hedge a loan to be drawn down at a fixed future date. | For example, in order to hedge a loan to be drawn down at a fixed future date. | ||
== See also == | == See also == | ||
* [[Interest rate swap]] | * [[Interest rate swap]] | ||
Revision as of 13:34, 27 August 2013
A type of interest rate swap.
A forward start swap has its first interest setting and calculation period starting at a future date.
For example, in order to hedge a loan to be drawn down at a fixed future date.