0R15 7941.0 -0.9233% 0R1E 7597.0 3.5437% 0M69 None None% 0R2V 182.6 3.0183% 0QYR 1369.0 -0.9407% 0QYP 409.9595 -0.4953% 0LCV 141.835 -0.3268% 0RUK None None% 0RYA 1604.0 -3.3153% 0RIH 170.0 -1.0477% 0RIH 169.0619 -0.5518% 0R1O 192.5 10152.996% 0R1O None None% 0QFP None None% 0M2Z 304.7 0.7273% 0VSO None None% 0R1I None None% 0QZI 472.0 0.6397% 0QZ0 220.0 0.0% 0NZF None None%

Zero Basis Risk Swap (ZEBRA)

Updated on August 29, 2023

A zero-basis risk swap (ZEBRA), also synonymised as ?perfect swap?, or ?actual rate swap? is an interest rate swap agreement between a municipality (agrees to receive a floating (variable) interest rate on an identified amount of principal from the intermediary) and a financial intermediary (receives a fixed rate of interest)

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