|
Currency Coupon Swap
|
A variant on the standard currency or interest rate swap in which the interest rate in one currency is fixed, and the interest rate in the other is floating. The only difference between a traditional interest rate swap and a currency coupon swap is the combination of the currency and interest rate features. Also called Circus Swap, Cross-Currency Swap. A special case of CUrrency Protected Swap (CUPS).
|
