NCBA Cross-Currency Swap
This is an agreement between two parties to swap future interest payments, based on a principal amount in one currency for an equivalent amount in another currency. For example, you can choose to pay in a different currency on either a fixed or floating rate.
This is an agreement between two parties to swap future interest payments, based on a principal amount in one currency for an equivalent amount in another currency. For example, you can choose to pay in a different currency on either a fixed or floating rate.