NO.PZ2021061002000013
问题如下:
Which of the following statements about swaps
is incorrect?
选项:
A.The plain vanilla interest rate swap involves
trading fixed interest rate payments for another fixed rate payment.
Either party can default but only one party
can default at a particular time.
Both swaps and forward are privately
negotiated and subject to default
解释:
A is correct
题目要求选出的是不正确的。
互换和远期都是场外衍生品,都是私下协商的,有违约的可能,C表述正确,不能选
互换的任何一方都可以违约,但只有一方可以在特定时间违约。B表述正确,不能选
简单的利率互换是指固定换浮动,A表述不正确,选A。
long一份 plain vanilla,我就付出固定,换浮动收入,对吗