问题 单项选择题

Why are payments NOT usually netted out in a currency swap()

A. There are no payments in a currency swap except at initiation and maturity. 

B. The notional principal is not swapped at initiation. 

C. The payments are denominated in two different currencies.

答案

参考答案:C

解析:

Payments are not usually netted out because the payments are denominated in two different currencies, which does not easily allow for netting.

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单项选择题