In interest rate swap transaction, party who pays floating payments of interest is considered as
A. notion buyer
B. notion seller
C. swap buyer
D. swap seller
Answer: Option D
Solution(By Examveda Team)
In interest rate swap transaction, party who pays floating payments of interest is considered as swap seller. A swap is an agreement between two parties to exchange sequences of cash flows for a set period of time.Related Questions on International Finance and Treasury
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