Template:Swap - layman: Difference between revisions

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Revision as of 14:33, 11 January 2022 (view source) Amwelladmin (talk \| contribs) No edit summary ← Older edit		Latest revision as of 21:17, 4 November 2023 (view source) Amwelladmin (talk \| contribs) No edit summary
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	~~[[File:~~Noel.png~~\|thumb~~\|A swap pioneer from the 1970s]]		{{image\|Noel\|png\|A swap pioneer from the 1970s}}
	{{tag\|Swap}}s come in all shapes and sizes, but at their heart they are agreements to exchange — “swap” — [[cash flow\|payment streams]]. In the simplest example, you and I could agree, for a period of 5 years, that I will pay you a fixed rate on an agreed sum, and you will pay me a floating rate on the same sum.		{{tag\|Swap}}s come in all shapes and sizes, but at their heart they are agreements to exchange — “swap” — [[cash flow\|payment streams]]. In the simplest example, you and I could agree, for a period of 5 years, that I will pay you a fixed rate on an agreed sum, and you will pay me a floating rate on the same sum.