In what type of swap contract is the loan principal exchanged?
A)All swap arrangements
B)Fixed-for-floating swap
C)Overnight indexed swaps
D)Cross-currency swaps
E)Credit default swaps

Name: In what type of swap contract is the loan principal exchanged? A)All swap arrangements B)Fixed-for-floating swap C)Overnight indexed swaps D)Cross-currency swaps E)Credit default swaps
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Question

Quizplus · Accepted Answer

In cross-currency swaps, the loan principal is exchanged between the two parties in different currencies.

In What Type of Swap Contract Is the Loan Principal