Tag: swap

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...

What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in...