Extension swap

A Swap in which an investor extends the Maturity of his investment by selling one security and buying another one with a longer maturity.

Related Terms: 7 Buy, ECU, Long, Maturity, SEC, Sell, Swap

Other Related Pages: Category: Bonds Starting With: E

Additional Related Terms: Accrual of discount, Agency security, Amortization of premium, Asset-backed security, Asset swap, At par, All or any part, At best, At call, At risk