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.