Floating/floating swap and Junior debt: Difference between pages

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A swap that exchanges two floating interest rates, each being calculated on a different basis.
Debt which ranks after other debt in right of payment in a liquidation.
 
Also known as a ''basis swap''.
 
 


== See also ==
== See also ==
* [[Basis swap]]
* [[Debt]]
* [[Floating rate]]
* [[Liquidation]]
* [[Interest rate swap]]
* [[Senior debt]]
* [[Swap]]


[[Category:Manage_risks]]

Revision as of 14:19, 23 October 2012

Debt which ranks after other debt in right of payment in a liquidation.

See also