Asset Swap

Asset Swap
Similar in structure to a plain vanilla swap, the key difference is the underlying of the swap contract. Rather than regular fixed and floating loan interest rates being swapped, fixed and floating investments are being exchanged.

In a plain vanilla swap, a fixed libor is swapped for a floating libor. In an asset swap, a fixed investment such as a bond with guaranteed coupon payments is being swapped for a floating investment such as an index.


Investment dictionary. . 2012.

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  • Asset swap — Ein Asset Swap ist ein zusammengesetztes Finanzinstrument, das von Banken im Interbankenhandel und an institutionelle Investoren vertrieben wird. Es besteht aus zwei Teilen: einem Swap und einer Anleihe (Bond, Note), letzterer meist mit festem… …   Deutsch Wikipedia

  • Asset-Swap — Ein Asset Swap ist ein zusammengesetztes Finanzinstrument, das von Banken im Interbankenhandel und an institutionelle Investoren vertrieben wird. Es besteht aus zwei Teilen: einem Swap und einer Anleihe (Bond, Note), letzterer meist mit festem… …   Deutsch Wikipedia

  • Asset swap — An asset swap is an exchange of tangible assets for intangible assets or vice versa. Since it is a swap of assets, the procedure takes place on the active side of the balance sheet and has no impact on the latter in regards to volume. As an… …   Wikipedia

  • Asset swap — An interest rate swap used to alter the cash flow characteristics of an institution s assets so as to provide a better match with its iabilities. The New York Times Financial Glossary …   Financial and business terms

  • asset swap — An interest rate swap used to alter the cash flow characteristics of an institution s assets in order to provide a better match with its liabilities ( liability). Bloomberg Financial Dictionary …   Financial and business terms

  • asset swap — mutual exchange of property or financial assets …   English contemporary dictionary

  • Asset for asset swap — Creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. The New York Times Financial Glossary …   Financial and business terms

  • asset for asset swap — creditors exchange the debt of one defaulting borrower for the debt of another defaulting borrower. Bloomberg Financial Dictionary …   Financial and business terms

  • SWAP — (finance) Le swap (de l anglais to swap : échanger) ou l échange financier (J.O. du 31 janvier 1990) est un produit dérivé financier. Il s agit d un contrat d échange de flux financiers entre deux parties, qui sont généralement des banques… …   Wikipédia en Français

  • Swap (économie) — Swap (finance) Le swap (de l anglais to swap : échanger) ou l échange financier (J.O. du 31 janvier 1990) est un produit dérivé financier. Il s agit d un contrat d échange de flux financiers entre deux parties, qui sont généralement des… …   Wikipédia en Français

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