A swap with principal rates that change depending on the market. Payments also vary depending on the market. AKA rollercoaster. Refer to accreting, amoritizing, index principal, mortgage, and reverse index swaps.
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A swap with principal rates that change depending on the market. Payments also vary depending on the market. AKA rollercoaster. Refer to accreting, amoritizing, index principal, mortgage, and reverse index swaps.
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