Substitution swap definitions

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Substitution swap

Substitution swap logo #21012A swap in which a money manager exchanges one bond for another bond that is similar in terms of coupon, maturity, and credit quality, but that offers a higher yield.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm

Substitution swap

Substitution swap logo #20047A swap in which a money manager exchanges one bond for another bond that is similar in terms of coupon, maturity, and credit quality, but offers a higher yield.
Found on http://www.encyclo.co.uk/local/20047

Substitution Swap

Substitution Swap logo #22402A method for hedging price risk that uses debt market instruments, such as interest rate futures, or
Found on http://www.encyclo.co.uk/local/22402
No exact match found.