{"id":165888,"date":"2022-05-06T15:49:13","date_gmt":"2022-05-06T15:49:13","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/reversible-swap\/"},"modified":"2022-05-06T15:49:14","modified_gmt":"2022-05-06T15:49:14","slug":"reversible-swap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/reversible-swap\/","title":{"rendered":"Reversible Swap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An interest rate swap in which one side has an option to alter the payment basis (fixed\/floating) after a certain period. This is usually achieved by the use of a swaption, allowing the purchaser the opportunity to enter a swap with payment on the opposite basis. The swaption would be for twice the principal amount, one half of which nullifies the original swap.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4260],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165888"}],"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=165888"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}