Which of the following statements is FALSE()
A. In a currency swap, the notional principal is actually swapped twice, once at the beginning of the swap and again at the termination of the swap.
B. The time frame of a swap is called its tenor.
C. In a currency swap, only net interest payments are made.
参考答案:C
解析:
In a currency swap, payments are not netted. Because they are made in different currencies, full interest payments are made, and the notional principal is also exchanged.