{"id":165463,"date":"2022-05-06T15:44:47","date_gmt":"2022-05-06T15:44:47","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/contingent-swap\/"},"modified":"2022-05-06T15:44:47","modified_gmt":"2022-05-06T15:44:47","slug":"contingent-swap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/contingent-swap\/","title":{"rendered":"Contingent Swap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>Generic term for an interest rate swap that is activated when rates reach a certain level or a specific event occurs. Swaptions are often considered to be contingent swaps ? the specific event in this case being the exercise of the option. Other types of swaps, e.g., droplock or spreadlock swaps, are activated only if rates drop to a certain level or if a specified level over a benchmark is achieved.<\/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\/165463"}],"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=165463"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}