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Glossary   >   O   >   "Overnight Index Swap" Definition            Overnight Index Swap An interest rate swap involving the overnight rate being exchanged for some fixed interest rate. 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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Overnight Index Swap - An interest rate swap involving the overnight rate being exchanged for some fixed interest rate.