{"id":165960,"date":"2022-05-06T15:49:41","date_gmt":"2022-05-06T15:49:41","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/total-return-equity-swap\/"},"modified":"2022-05-06T15:49:44","modified_gmt":"2022-05-06T15:49:44","slug":"total-return-equity-swap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/total-return-equity-swap\/","title":{"rendered":"Total Return Equity Swap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>Similar to a total return swap on a bond, it is a 2-sided financial contract in that one counterparty pays out the total return of the equity, including its dividends and capital appreciation or depreciation, and in return, receives a regular fixed or floating cash flow. For convenience the asset&#8217;s total return is called a TR-leg and the fixed or floating cash flow a non-TR leg. A total return swap can be settled at the terminating date only or periodically, e.g., quarterly. The equity used in a total return swap contract can be a single publicly traded stock or a private stock, a portfolio of stocks, a stock index, or even any market index. The buyer of a total return equity swap can gain the economic exposure to certain equity or index market without physically owning such assets while the seller of a total return equity swap can reduce or eliminate the market risk of his\/her stock portfolio without selling the assets and gain stable returns.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4262],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165960"}],"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=165960"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}