Interest Rate Swap A deal between banks or companies where borrowers switch floating-rate loans for fixed rate loans in another country. These can be either the same or different currencies.

• 利率掉期多家银行或公司之间的交易,借贷人将浮息贷款转换为另一个国家的定息贷款,两项贷款可以是同一货币或不同的货币。