Total return swap

From ACT Wiki
Revision as of 14:50, 14 April 2022 by imported>Doug Williamson (Update for LIBOR transition.)
Jump to navigationJump to search

A capital market swap in which one leg is based on the total return from another financial instrument (for example the dividends plus capital appreciation from an equity).

The other leg is conventionally based on a floating benchmark interest rate.


See also