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When the contract comes to maturity, the European company would pay US1 billion in principal back to the American company and would receive its initial 500 million in exchange. 20 See also edit Further reading edit References edit a b c Pricing and Trading Interest Rate Derivatives: A Practical Guide to Swaps, Darbyshire, 2017, isbn "Archived copy". "Fed swap line for S'pore". "Defying the dollar Russia China agree currency swap worth over 20bn". Behavioral cookies are similar to analytical and remember that you have visited a website and use that information to provide you with content posterxxl forex erfahrung which is tailored to your interests. The floating index referenced in each currency is commonly the 3-month tenor interbank offered rate (ibor) in the appropriate currency, for example. Cookies do not transfer viruses or malware to your computer. It will then deliver the 100 million to the swap bank who will pass it on to the.S. Wall Street Bankers Share Blame for Europe Crisis, Berkshires Munger Says Bloomberg, Greece admits fudging euro entry, BBC Coyle, Brian.