Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

swap

Financial derivative in which two parties agree to exchange payment streams based on a specified notional amount for a specified period.

Updated: 11 Dec 2016
swap

Financial derivative in which two parties agree to exchange payment streams based on a specified notional amount for a specified period.

Updated: 11 Dec 2016