| Low(est) | Highest | |
| Credit risk | At the end of the swap. (*1) | Generally highest in the middle of the swap. |
(*1) There are few potential payments left, and the probability of either party defaulting on their commitment is relatively low.
Sunday, January 30, 2011
Swap
(*1) There are few potential payments left, and the probability of either party defaulting on their commitment is relatively low.
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