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Glossary   >   F   >   "Fixed-rate payer" Definition            Fixed-rate payer In an interest rate swap the counterparty who pays a fixed rate, usually in exchange for a floating-rate payment. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Fixed-rate payer - In an interest rate swap the counterparty who pays a fixed rate, usually in exchange for a floating-rate payment.