{"id":165800,"date":"2022-05-06T15:48:27","date_gmt":"2022-05-06T15:48:27","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/par-swap-rate\/"},"modified":"2022-05-06T15:48:31","modified_gmt":"2022-05-06T15:48:31","slug":"par-swap-rate","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/par-swap-rate\/","title":{"rendered":"Par Swap Rate"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>The value of the fixed rate which gives the swap a zero present value or the fixed rate that will make the value of the fixed leg equal to the value of the floating leg. To determine this rate, discount the forward rates of the floating rate to the present date to determine the value of the floating leg then discount the rates for the fixed leg and adjust the fixed rate until the swap has a net present value of zero.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4258],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165800"}],"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=165800"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}