Common Contracts
1 similar Interest Rate Swap Agreement contracts
Interest-rate Swaps: Hedge or Bet? A Case of Canadian UniversitiesInterest Rate Swap Agreement • March 16th, 2016
A swap agreement is a financial arrangement wherein two counterparties agree to exchange cash flows over a period on a pre-arranged basis. In an interest rate swap the exchange is between interest cash flows based on a fixed rate and those that are determined based on a variable rate. Thus one party will agree to pay a fixed interest rate on a notional principal for a certain period in exchange for receiving interest cash flows based on a variable interest rate set periodically. The variable interest rate
