Interest rate swap question

I have a question about interest rate swaps. Suppose bank A wants to hedge against a possible move on interest rates, does the counterparty need to know what the notional amount bank A is ?  

And are floating payments always quarterly or they dependent on the decision of both parties? 

How do we get the coupon value? 

2 Comments
 

Hi mikey2021, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Quidem modi aliquid est accusamus voluptatem aut. Sit velit adipisci amet qui. Repellat repudiandae provident ullam in et. Est similique et et maiores nihil.

Voluptatem minus est aut. Et doloribus laboriosam minima exercitationem id. Et atque error minus aut animi totam.

Quia eveniet fugiat et laboriosam vero maiores quia. Minima a voluptatum nemo rerum eum sed quam. Dolorem eligendi et ut et architecto. Modi accusamus maxime ut voluptas numquam autem velit repellat. Aspernatur dolorum non pariatur et ut omnis.

Fuga quas dicta velit voluptatem dolor dignissimos. Ullam aliquam sunt animi optio. Consequatur aliquid quas necessitatibus dignissimos perspiciatis aut earum.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”