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Definition | : | Cross-Currency Swap |
Category | : | Business » Finance |
Country/ Region |
: | Worldwide
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Popularity | : |
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Type | : |
Initialism
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Cross-Currency Swap (CCS) is an agreement between two parties to exchange interest payments and principal denominated in two different currencies.
CCS allows transposing a debt denominated in one currency into a debt denominated in another currency.
The full form of CCS is Cross-Currency Swap
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