A
Interest Rate Swap
Interest Rate Swap
Image 1 A deal between banks or companies where borrowers switch floating-rate loans for fixed rate loans in another country. These can be either the same or different currencies.
Image 2 The advantage to this is that one company may have access to lower fixed rates and another have access to lower floating rates....so they trade.


Commodity Swap

Currency Swap

Interest Rate

Swap

Total Return Swap