Floating leg: Difference between revisions

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{{g}}Of an [[interest rate]] [[swap]], the side of it that references a [[floating rate]].
{{g}}Of an [[interest rate]] [[swap]], the side of it that references a [[floating rate]].


there is some scope for puns and wordplay around floating legs — you know, severed limbs bobbing up and down in a butt of marmsey, that kind of thing — but not really much.
there is some scope for puns and wordplay around floating legs — you know, severed limbs bobbing up and down in a [[butt of Malmsey]], that kind of thing — but not really much.


{{sa}}
{{sa}}
*[[2006 ISDA Definitions]]
*[[2006 ISDA Definitions]]

Revision as of 16:42, 17 September 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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Of an interest rate swap, the side of it that references a floating rate.

there is some scope for puns and wordplay around floating legs — you know, severed limbs bobbing up and down in a butt of Malmsey, that kind of thing — but not really much.

See also