# Coupon swap also known as fixed interest rate swap (par swap, plain vanilla swap)

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- Post ID: 592045
- Modified: 2023-07-25T21:01:14+00:00
- Language: en

## Definition

The contractual exchange of a fixed interest payment for a variable interest payment, calculated - on a specific notional amount, - for an agreed term (duration) and - on the basis of a market-quoted interest rate, often EURIBOR or LIBOR for contracts in EUR. - See LIBOR spread, interest rate swap. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1