Roshan Ramdas
Active Member
What is the effective swap start and end date assumptions please in this example ??No.. check this: (assuming 1st payment on Jan 1 2014 and last payment on 1st Jan 2016)
For Half yearly:
Jan1 2014- First Payment
July 1 2014- Second Payment
Jan1 2015- Third Payment
July 1 2015- Fourth Payment
Jan1 2016- Fifth Payment
Similarly 9 for quarterly . Assuming no netting it gives 14 payments. With netting 9.
Hope it is clear now.