问题
单项选择题
Which of the following statements regarding a fixed-for-fixed currency swap of euros for British pounds is FALSE()
A. The notional principal amounts, adjusted for exchange rate changes, are exchanged at the termination of the swap.
B. One party makes certain payments in Euros and one party makes certain payments in British pounds.
C. The periodic payments are not netted, both payments are always made.
答案
参考答案：A
解析：
The original notional principal amounts are exchanged at contract termination; there is no adjustment to the amounts for the change in exchange rates over the life of the swap.