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What is an IRS?

July 6, 2021 By James Rabinovich Leave a Comment

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What is an IRS?

An interest rate swap is a forward contract in which one stream of future interest payments is exchanged for another based on a specified principal amount. It is a transaction where one party pays a fixed interest rate in exchange for a floating rate of interest.

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James Rabinovich
James Rabinovich
James Rabinovich
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