Bond Swap
The simultaneous sale of one bond and the purchase of another with the proceeds from the sale.
One fixed-income holding is sold for another in order to take advantage of differences in interest rates, maturity, risk or marketability.
The simultaneous sale of one bond and the purchase of another with the proceeds from the sale.
One fixed-income holding is sold for another in order to take advantage of differences in interest rates, maturity, risk or marketability.