The hypothetical amount on which interest payments are based in products such as interest rate swaps, forward rate agreements, caps and floors.

指在诸如期权，利率互换、远期利率协议等金融衍生品工具的支付利息时所依据的假设金额。

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Many of London's currency dealers have retooled themselves to trade more sophisticated products, such as interest-rate swaps and forward rate agreements.

ECONOMIST: Derivatives and foreign exchange

Since the income from the projects is not dependent on interest rates, the company entered into interest rate swap agreements which act as hedges.

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Interest-rate swap agreements are essentially financial bets many states and cities made in recent years in the hope of protecting themselves from higher rates.

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