An Interest Rate Swap is an over-the-counter long-term contract that involves the exchange of a cash flow in one currency for a cash flow in a different currency. An Interest Rate Swap is generally the exchange of a fixed interest rate for a floating interest rate, or vice versa, and the adjustment of cash flows accordingly.
With an Interest Rate Swap, you can ensure the continuity of cash flow for your company at the lowest possible interest rate without being exposed to fluctuations in interest rates.