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Step up swap |
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Step up swapAn interest rate swap on which the notional principal increases according to a predetermined schedule.Step up swap Similar MatchesStepped discount mortgageStepped discount mortgageWhere the discount is, for example, fixed at one level for one year and then a slightly lesser level for two further years. Remember it is the percentage discount that is stepped and not the monetary amount, so your repayment can still vary. Step up bondStep up bondA bond that pays a lower coupon rate for an initial period, and then increases to a higher coupon rate. Related: Deferred-interest bond, payment-in-kind bond. Stepped preference sharesStepped preference sharesPreference shares with dividends which increase annually by a specified amount and with a predetermined capital return. Stepped fixed rate mortgageStepped fixed rate mortgageWhere the interest is, for example, fixed at one level for one year and then a slightly higher level for two further years. This is not as common as finding stepped discounted mortgages. Seven Step Meeting ProcessSeven Step Meeting ProcessSee Meeting Process. Further SuggestionsStep down noteStep aside stepped interest debenture stocks Three steps and a stumble rule Ross, Stephen Step up |
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