The Constant Maturity Swap is a form of the Zinsswaps, with which the interest payment of a Swappartners in regular intervals is adapted to (long-term) a reference interest rate (e.g. the current in each case 10-Jahres-Swapsatz). The interest payment of the other Swappartners usually orients itself at a short term interest rate (e.g. 3-Monats-Euribor).

As is the case for a normal Zinsswap thus a short term interest for a long-term exchanged, whereby in contrast to it the long-term interest rate is not constant over the running time, but is regularly adapted.

Articles in category "Constant Maturity Swap"

We found here 16 articles.

Related Websites

We found here 5 related websites.

• Constant Maturity Derivatives
  The term constant maturity swap (CMS) is used when the derivative is based on swap rates and the term constant maturity treasury (CMT) is used when the ...


• Constant Maturity Swap
  The prime factor therefore for a Constant Maturity Swap is the shape of the ... A single currency Constant Maturity Swap versus LIBOR is similar to a series ...


• Constant Maturity Swap - CMS
  Investopedia.com - The Investing Education Site. Includes the most comprehensive investing dictionary on the web as well as articles and tutorials on nearly ...


• Constant Maturity Swap - CMS financial definition of Constant ...
  Definition of Constant Maturity Swap - CMS in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Constant Maturity Swap ...


• Constant maturity swap - Wikipedia, the free encyclopedia
  A Constant maturity swap, also known as a CMS, is a swap that allows the ... The floating leg of a Constant maturity swap fixes against a point on the Swap ...