Interest rate swap payments are made
A)on the last day of the quarter
B)on the first day of each month
C)at whatever dates are agreed upon by the counterparties
D)on the 15th of the agreed-upon months
E)on the last day of the month

Question

Quizplus · Accepted Answer

Interest rate swap payments occur on whatever dates are agreed upon by the counterparties. This is because interest rate swaps are customized contracts between two parties, and the payment dates can be negotiated and agreed upon based on the needs and preferences of the parties involved. The other answer choices suggest specific payment dates, but these are not necessarily applicable to all interest rate swap agreements.

Interest Rate Swap Payments Are Made