debt swap
exchange of country's debt for local currency a method of reducing exposure to long-term debt of nations with undeveloped economies by purchasing the debt at a discount and exchanging it with the central bank for local currency
You are here: Home > QFINANCE Dictionary > Definition of debt swap
exchange of country's debt for local currency a method of reducing exposure to long-term debt of nations with undeveloped economies by purchasing the debt at a discount and exchanging it with the central bank for local currency
of the century as pension funds, for example, recognize the need for inflation-linked assets that match future liabilities. Conversely, borrowers such as governments or large corporations understand that inflation-linked assets or revenues can be funded by inflation-linked debt. Inflation swaps frequently include
This checklist explains what a currency swap is and why it is used. Currency swaps are sometimes called cross-currency swaps.
This checklist explains what an interest rate swap is and why it is used.
The application of synthetic securitization and structured finance techniques in debt capital markets has made a range of asset classes available to investors who would not otherwise have access to them. Thus banks, fund managers, and cash-rich corporate institutions can choose from a wide variety
By Moorad Choudhry
Definitions of ’debt swap’ and meaning of ’debt swap’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’debt swap’ and other financial terms with our online QFINANCE Financial Dictionary.