The swap agreement defines the dates when the cash flows are to be paid and the way they are calculated.

In some cases, developers' land is purchased in a swap agreement that lets them build elsewhere in the county.

Davutoglu said that the swap agreement showed Iran's "clear political will" toward engagement on the nuclear issue.

In a swap agreement, companies agree to exchange interest payments or currency payments.

Missing audits, convoluted transactions, including swap agreements make it difficult to state how much debt the city owes.

Since 2000, the number of swap agreements has dropped to about two per year.

The investor would then own an inverse floater until the swap agreement expires.

China doubled the capital base of the four big banks in August 1998, by effectively giving them $32.5 billion through two complex swap agreements.

If interest rates fall, the borrower does not benefit, as he/she must pay the saving to the counter-party of the swap agreement.

Thus, investors should carefully enter into a swap agreement with other party considering all these parameters.