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标题: total return swap [打印本页]

作者: AnalystForum    时间: 2011-7-13 16:25     标题: total return swap

is the owner pay float or receive float?
作者: former    时间: 2011-7-13 16:25

it could be anything -- pay fixed, receive float -- or pay float, receive float, etc -- all the combinations are possible

Essentially, you're swapping one exposure for some other exposure
作者: pennyless    时间: 2011-7-13 16:25

Typically long a total return swap owns the asset and receives fixed pays floating. Not a hard and fast rule on this though




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