Related Definitions

Zero Basis Risk Swap (ZEBRA)

  • Updated on

A zero-basis risk swap (ZEBRA), also synonymised as ?perfect swap?, or ?actual rate swap? is an interest rate swap agreement between a municipality (agrees to receive a floating (variable) interest rate on an identified amount of principal from the intermediary) and a financial intermediary (receives a fixed rate of interest)

Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.