Floating for floating currency swaps
A)the reference rates are different for the different currencies: e.g. dollar LIBOR versus euro LIBOR.
B)the reference rates can be the same but have different frequencies.
C)both a and b
D)none of the above

Question

Quizplus · Accepted Answer

Floating for floating currency swaps can have different reference rates for the different currencies involved (choice A) or have the same reference rates but with different frequencies (choice B). Therefore, both choices A and B are correct.

Floating for Floating Currency Swaps