{"id":165393,"date":"2022-05-06T15:43:45","date_gmt":"2022-05-06T15:43:45","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/callable-swap\/"},"modified":"2022-05-06T15:43:51","modified_gmt":"2022-05-06T15:43:51","slug":"callable-swap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/callable-swap\/","title":{"rendered":"Callable Swap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An interest rate cap where the fixed rate payer has the right, but not the obligation to terminate the swap at one or more pre-determined times during the life of the swap. A Swap where the fixed rate receiver has the right to terminate is known as a putable swap. Both callable and putable swaps are also known as cancellable swaps. The foreign exchange version of the cancellable swap is known as a break forward or cancellable forward.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4248],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165393"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165393"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}