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Interest Rate Swap |
| An agreement that allows you to convert your interest rate obligation of the same currency from fixed to floating or vice-versa. |
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Cross Currency Swap |
| It is similar to an Interest Rate Swap, except that it involves the exchange of principal and interest in one currency for the principal and interest in another currency. |
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Interest Rate Option |
| It gives you a right, but not obligation to lock in a predetermined fixed rate. A premium cost is payable upfront. |
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Current Account
