plain vanilla

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Related to Interest rate swap: Currency swap

plain vanilla

adj. Informal
Lacking adornments or special features; basic or ordinary: plain vanilla stock options; a plain vanilla wardrobe.
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This way we support the financial industry in times of enduring uncertainty and foster choice and competition in the interest rate swap market together with our clients.
Kungsleden AB (STO:KLED) (OSE:KGLED01) announced on Tuesday that it has increased the fixed interest term of its borrowings by entering into new interest rate swaps.
We're calling for the banks to provide the right level of compensation to businesses for the interest rate swaps scandal, and to do so promptly.
Globally, CME Group has more than 30,000 interest rate swap accounts with more than 400 clients using CME Clearing or CME Clearing Europe.
In this particular transaction to unwind an interest rate swap, the Texas urology group had been quoted an unwind fee of $1,518,000.
3) What is the anomaly in current market conditions that makes an interest rate swap a viable option for both parties involved in the swap?
ABN AMRO Clearing will expand its centralised OTC Derivatives Clearing Service offering to include central clearing of over-the-counter interest rate swaps from the beginning of December.
This is an important evolutionary step for the interest rate swap market, and represents our continued commitment to reducing systemic risk in the market,' said Chris Murphy, global head of Interest Rate Derivatives.
In Yankson's view this uncertainty is exactly the same as that contained in an interest rate swap contract and therefore, there is a case for arguing that those contracts should not fail for lack of Gharar.
Entering into such a transaction might be attractive to an issuer if the fixed rate it pays on the interest rate swap (plus variable-rate debt program and administrative costs) is lower than the fixed rate at which it could issue a traditional fixed rate bond.
More recently, Rice, along with Goldman Sachs, won a portion of a forward interest rate swap on $200 million of outstanding bonds issued to finance the construction of Denver International Airport.
In an effort to standardize the accounting for all derivative instruments, the standard requires recognition on the balance sheet at fair value of previously unrecognized derivative instruments, such as interest rate swaps used to hedge historical-cost-based assets and liabilities accounted for using accrual accounting, a step that many non-CPAs find inconsistent and illogical when compared to current practice.

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