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Circus Swap

 

A swap with the features of both a currency swap and an interest rate swap.

Investopedia Says:
In circus swaps, loans in one currency with a fixed rate would be swapped for a floating rate loan in the other currency.

Also known as cross-currency swap or currency coupon swap.


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Currency Swap where one side is a fixed-rate currency and the other a floating U.S. Dollar Libor payment.

 
 

 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more

 

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