Which of the following statements about the term structure of swap rates is correct?

Question

Quizplus · Accepted Answer

The term structure of swap rates refers to the relationship between the interest rates on swaps (which allow for the exchange of cash flows tied to different types of interest rates) of different maturities. This term structure is similar to the current yield curve, as it represents the yield on fixed-income securities of different maturities. It is not regulated by financial market regulators, does not equal the bankers' acceptances' term structure, and is not solely determined by swap dealers.

Which of the Following Statements About the Term Structure of Swap