The currency swap is an arrangement in which two parties exchange specific amounts of yuan and another currency, and a series of interest payments on the cash flows.

货币掉期是指双方交换约定数量的人民币和外币本金，同时定期支付两种货币现金流利息的交易合约。

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There are some concerns the Greek debt swap arrangement agreed upon recently may not occur smoothly or voluntarily.

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There are now concerns that the Greek debt swap arrangement agreed upon recently may not occur smoothly or voluntarily.

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The Bank and the People's Bank of China are close to signing a three-year currency swap arrangement, governor Sir Mervyn King said.

BBC: UK and China poised for currency swap deal