Meaning Plain vanilla swap
What does Plain vanilla swap mean? Here you find 4 meanings of the word Plain vanilla swap. You can also add a definition of Plain vanilla swap yourself
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Plain vanilla swapAn interest rate swap in which one party pays a fixed rate and the other pays a floating rate, with both sets of payments in the same currency.Related Terms: Interest rate swapÂ
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Plain vanilla swapAn individual simultaneously buys and sells the same amount of the same currency with the same counterparty, with the two legs of the transaction maturing on different dates and trading at different exchange rates.
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Plain vanilla swapThe classic fixed vs. floating interest rate swap.
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Plain vanilla swapSee: Fixed for floating swap
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