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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here. 

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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  5. Interest Rate Swap

Interest Rate Swap

Definition of 'Interest Rate Swap'

A binding agreement between counterparties to exchange periodic interest payments on some predetermined dollar principal, which is called the notional principal amount. For example, one party will pay fixed and receive variable.

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Related Terms

Equity SwapBasis SwapForeign Currency SwapSwapsVanilla SwapFlat RateAccrued InterestAnnualise Percentage Rate of InterestInterest Rate Parity of Exchange Rate DeterminationCurrency SwapFX SwapSwopInterest Rate SpreadFloating Rate NoteForward PointsCouponTerm Structure of Interest RatesCoupon Rate of InterestDiscount RateForward-Rate Agreement

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