Constant Maturity Swap - CMS
- Constant Maturity Swap - CMS
- A variation of the regular interest rate swap. In a constant maturity swap, the floating interest portion is reset periodically according to a fixed maturity market rate of a product with a duration extending beyond that of the swap's reset period.
Constant maturity swaps are exposed to changes in long-term interest rate movements. They are initially priced to reflect fixed-rate products with maturities between two and five years in duration, but adjust with each reset period.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
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Cms — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}} Sigles d une seule lettre Sigles de deux lettres > Sigles de trois lettres … Wikipédia en Français
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CMS — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Sigles d’une seule lettre Sigles de deux lettres > Sigles de trois lettres Sigles de quatre lettres … Wikipédia en Français
Cms — Die Abkürzung CMS wird in einer Vielzahl von Bedeutungen und einer Reihe von Gebieten verwendet: Informationstechnik: Content Management System in der Informationstechnik Card Management System in der Informationstechnik zur Verwaltung von… … Deutsch Wikipedia
CMS — Die Abkürzung CMS wird in einer Vielzahl von Bedeutungen und einer Reihe von Gebieten verwendet: Informationstechnik: Campus Management System in der Informationstechnik, siehe Hochschulinformationssystem Card Management System in der… … Deutsch Wikipedia
CMS — Content Management System (Community » Film Censorship) Content Management System (Internet) Content Management System (Computing » Software) * Centers for Medicare & Medicaid Services (Governmental) * Content Management Systems (Computing »… … Abbreviations dictionary
Airbag Swap — An interest rate swap whose notional value adjusts according to rising interest rates by indexing the floating portion to a constant maturity swap (CMS). These swaps were created to hedge investments in areas where interest rate fluctuations have … Investment dictionary
