Cross-currency swap
- Japanese
- 通貨スワップ
- Also known as
- Currency swap
- Last reviewed
- September 24, 2026
This is a draft, shown for review before publication.
A cross-currency swap is a trade in which two parties exchange interest and principal in different currencies over an agreed period. A version that exchanges only the interest, without the principal, is called a coupon swap.
Related terms
Explained in detail
Pages that use this term
- How Regional Banks Use Derivatives
- Market Size Statistics (BIS Surveys)
- What Is a Derivative?
- Covered Interest Parity and FX Forward Points
- FX Swaps
- Collateral and Discounting
- ISDA SIMM: The Standard Model for Initial Margin
- Exposure Profiles by Product
- Mark-to-Market Reporting to Clients
- Regulatory Reporting
- Japan's Fair Value Measurement Standard
- Hedge Accounting under IFRS 9 and ASC 815
- The ISDA Master Agreement and Schedule
- Post-Trade Efficiency Services
- Margin Requirements for Uncleared Derivatives
- The Roles of the CFTC and SEC
- Dodd-Frank Act Title VII
- BCBS-IOSCO Margin Requirements for Uncleared Derivatives
- ESG-Linked Derivatives