Search results
Results From The WOW.Com Content Network
A Brazilian Swap is a type of swap where the floating rate is calculated using an average rate and has only one payment, which occurs at maturity. [1]The average rate used for the Floating Leg is the Average One-Day Interbank Deposit (aka CDI rate, or overnight DI rate) which is an annual rate and is calculated daily by the Central of Custody and Financial Settlement of Securities (CETIP).
Compound interest is interest accumulated from a principal sum and previously accumulated interest. It is the result of reinvesting or retaining interest that would otherwise be paid out, or of the accumulation of debts from a borrower.