Circus Swap

What Does It Mean?
What Does Circus Swap Mean?
A swap with the features of both a currency swap and an interest rate swap.

Also known as "cross-currency swap" or "currency coupon swap".
Investopedia Says
Investopedia explains Circus Swap
In circus swaps, loans in one currency with a fixed rate would be swapped for a floating rate loan in the other currency.
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