Exchange of interest rates by two financial institutions without changing the terms of their loans or having to refinance. The swap usually occurs when one institution has a variable interest rate and the other has a fixed rate and both would like to take over the rate that the other has. The swap then occurs, and is carefully monitored by economists because it gives an idea of the health of the market.
Related information about overnight index swap:
- Overnight indexed swap - Wikipedia, the free encyclopedia
An overnight indexed swap (OIS) is an interest rate swap where the periodic floating rate of the swap is equal to the geometric average of an overnight index rate ...
- Overnight Index Swap Definition | Investopedia
An overnight index swap uses an overnight rate index, such as the Federal Funds Rate, as the underlying for its floating leg, while the fixed leg would be set at ...
- Understanding Overnight Index Swaps (OIS)
Sep 30, 2008 ... Overnight Index Swaps (OIS) are instruments that allow financial institutions to swap the interest rates they are paying without having to ...
- Overnight Index Swap (OIS)
An overnight index swap (OIS) is an over-the-counter* derivative in which two parties agree to exchange, or swap, for an agreed period, a fixed interest rate ...
- Overnight Indexed Swaps (OIS) - FINCAD
An overnight index swap (OIS) is an interest rate swap where the floating leg pays an overnight rate compounded over every day of the payment period.
- 3-Month Overnight Index Swaps (OIS)
23 hours ago ... Capture. Report. Store. Our Swap Data Repository captures, stores and reports data for cleared, non-cleared and bilateral swaps.
- ET in the classroom: Overnight Indexed Swap - Economic Times
Sep 28, 2010 ... An Overnight Index Swap (OIS) is a derivative instrument (a security ... when two financial institutions create an overnight index swap, one of ...
- ASX 3 Month Overnight Index Swap Futures - Australian Securities ...
ASX has launched the 3 Month Overnight Index Swap (OIS) Futures contract on 27 February 2012, complementing the suite of short term interest rate products ...