Issuer Swap Agreement
From Open Risk Manual
Definition
The Issuer Swap Agreement is the contract between the Issuer and the Issuer Swap Counterparty that stipulates the obligations of each under the swap contract
Details
The swap contract will typically specify regular cashflows on the basis of both predefined rates and floating (variable) rates that are contingent on market levels
Variations
None
Issues and Challenges
None
See Also
None
Disclaimer
- This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
- Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
