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SWAP MARKET
Presented by:-
Rajdeep Saini
Roll no:- 47
SWAPS
• A swap is nothing but a barter or
exchange.
• A swap is a contract between two
parties in which the first party
promises to make a payment to the
second and the second party promises
to make a payment to the first.
Classification of Swaps
• Interest rate swaps
• Currency Swaps
• Commodity swaps
• Equity swaps
INDIAN SWAP MARKET
• At present only swaps are the only
types of rupee derivatives which
can be traded in India.
• Currency Swaps
• Known as “MIBOR”.
MITOR (Mumbai Inter Bank
Offer Rate)