Return Swap Transaction

From Open Risk Manual

Definition

Return Swap Transaction. The transaction of a total Return Swap. This is the transaction in which the return on some asset is exchanged for some agreed payment or series of payments.


Issues and Challenges

17 March review session notes: This is about the return you get not about what kinds of legs it has. Talk about return as a payoff. Then kinds of return are kinds of payoff e.g. total return. Return of a portfiolo, a single asset, or an index as per other note.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.