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Circus swap

A cross-currency swap whose financial flows are calculated in their respective currencies for each leg on the basis of an agreed fixed interest rate.

Synonyms and variations

  • Circus
  • Combined interest rate and currency swap
  • Fixed-fixed cross-currency swap
  • Fixed-fixed currency swap
  • Fixed-fixed swap
  • Fixed-for-fixed currency swap
  • Fixed-for-fixed swap
  • Fixed-to-fixed cross-currency swap
  • Fixed-to-fixed currency swap
  • Fixed-to-fixed swap