When initially negotiating an interest rate swap, a principal indicated his intention to assign it to a third party. In executing such a transfer:
A) The principal is entitled to provide the name of the original counterparty to the transferee.
B) The principal is entitled to provide the name of the transferee to the original counterparty.
C) The principal should obtain the consent of the transferee before releasing its name.
D) The principal should obtain the consent of the original counterparty before releasing its name to the transferee.

Question

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The Answer of When initially negotiating an interest rate swap, a principal indicated his intention to assign it to a third party. In executing such a transfer:
A) The principal is entitled to provide the name of the original counterparty to the transferee.
B) The principal is entitled to provide the name of the transferee to the original counterparty.
C) The principal should obtain the consent of the transferee before releasing its name.
D) The principal should obtain the consent of the original counterparty before releasing its name to the transferee.

When Initially Negotiating an Interest Rate Swap, a Principal Indicated