升值互换
一个标的资产价值在互换有效期之内增值的互换协议。如此投资人可以使互换支付和它的现金流匹配。比如说,一个工程公司可以用该种互换管理现阶段的财政,而且通过增长互换量供应许多的现金流来满足将来阶段对资金的需要。
Accreting Swap
A swap agreement in which the underlying principal increases over the life of the swap. This allows an investor to match swap payments with its cash flow. For example, a construction company can use this type of swap to finance a project in stages and lock in their funding costs by increasing the notional amount for increased cash flows as more funding is needed for the next stage.