Back مقايضة نسبة الفائدة Arabic Процентен суоп Bulgarian Renteswap Danish Zinsswap German Swap de taux d'intérêt French Kamatswap Hungarian Տոկոսադրույքի սվոպ Armenian Interest Rate Swap Italian 金利スワップ Japanese პროცენტული სვოპი Georgian
In finance, an interest rate swap (IRS) is an interest rate derivative (IRD). It involves exchange of interest rates between two parties. In particular it is a "linear" IRD and one of the most liquid, benchmark products. It has associations with forward rate agreements (FRAs), and with zero coupon swaps (ZCSs).
In its December 2014 statistics release, the Bank for International Settlements reported that interest rate swaps were the largest component of the global OTC derivative market, representing 60%, with the notional amount outstanding in OTC interest rate swaps of $381 trillion, and the gross market value of $14 trillion.[1]
Interest rate swaps can be traded as an index through the FTSE MTIRS Index.
- ^ "OTC derivatives statistics at end-December 2014" (PDF). Bank for International Settlements.