In context with the financial markets , an agreement to exchange floating rate payments for fixed rate payments (or vice-versa) at regular intervals over pre-specified period on a certain principal amount is known as ____?
Q. In context with the financial markets , an agreement to exchange floating rate payments for fixed rate payments (or vice-versa) at regular intervals over pre-specified period on a certain principal amount is known as ____?
Answer: Interest Rate swap
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