GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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06:48 May 25, 2009 |
German to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: Ralf Lemster Germany Local time: 14:04 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | amortising interest rate swap |
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4 | interest rate swap with redemption profile |
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Zinsswap mit Tilgungsstruktur amortising interest rate swap Explanation: In contrast to plain-vanilla IRS, where the notional amount remains unchanged throughout the life of the swap, the notional of an amortising swap is reduced over the contract's lifetime. |
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Grading comment
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