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 Glossary   >   S   >   "Swap sale" Definition   

        Swap sale

Also called a swap assignment, a transaction that ends one counterpartys role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty.

Swap sale


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Swap sale - Also called a swap assignment, a transaction that ends one counterpartys role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty.


Swap sale : also called a swap assignment, a transaction that ends one counterpartys role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original counterparty.