| 单词 | ANNUAL INFLATION SWAP |
| 释义 | An OVERTHECOUNTER SWAP involving the exchange of floating (actual) and fixed INFLATION at the end of each annual evaluation period. Annual inflation swaps, which generally reference an inflation index of consumer prices, are often structured as longterm transactions, with maturities extending to 10+ years. See also INFLATION SWAP, ZERO COUPON INFLATION SWAP. |
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