Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different currencies to capitalize on favorable rates.

A quanto swap is a cross-currency derivative that allows interest rate exchanges in different currencies, settled in the same ...

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

Banks often raise money by issuing fixed-to-floating-rate preferred stock: They sell shares for $25, and for some fixed period (often five, seven or 10 years) those shares pay an annual dividend of, ...