Effective date

• In an interest rate swap, the date the swap begins accruing interest.

• Is the day that a new issue begins trading in the secondary market. This marks the transition from the initial issuance or Primary Market to the Aftermarket or Secondary Market.


Follow this link for all the terms related to date.

 Embedded terms in definition
Interest rate swap
Interest rate
New issue
Primary market
Secondary market
 Related Terms

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