One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

SmartFinancial, Inc. (NYSE: SMBK) (" SmartFinancial ") announced today that it has extended its registered exchange offer to exchange up to $100.0 million aggregate principal amount of 7.25% ...

Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.

India and Russia are contemplating a semi-floating rupee-ruble exchange rate, fixed monthly, to facilitate bilateral trade and reduce currency conversion costs.

An exchange rate is how much of a given nation’s currency you can buy with a different nation’s currency. If you purchase foreign goods or travel abroad, you may need to convert your currency to ...