The timing of plain vanilla swap payments is generally:
A)at the end of the swap period (i.e.in arrears)
B)quarterly for plain-vanilla swaps with terms up to three years
C)half-yearly for plain-vanilla swaps with terms more than three years
D)in arrears, but uses the BBSW at the start of the swap period.
E)All of these are correct.

Question

Quizplus · Accepted Answer

All of these options are correct for the timing of plain vanilla swap payments. Payment frequency can vary based on the terms of the swap, and payments are typically made in arrears. For swaps with terms up to three years, payments are often made quarterly, while swaps with longer terms may have semi-annual payments. Additionally, the benchmark used for determining the payment amount may be based on the BBSW rate at the start of the swap period.

The Timing of Plain Vanilla Swap Payments Is Generally