What is REVERSE INDEX PRINCIPAL SWAP?

A trade between two parties of a fixed interest rate with a floating interest rate where there is an increase in the notional principal as the result of an increase in the floating interest rate causing the payments of both interest rates to become larger

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Related Legal Terms
INDEX PRINCIPAL SWAP, VARIABLE PRINCIPAL SWAP, EQUITY INDEX SWAP, DISCOUNT SWAP, INTEREST RATE SWAP, CURRENCY SWAP, BASIS SWAP, ACCRETING SWAP, NOTIONAL PRINCIPAL, ZERO COUPON INFLATION SWAP


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