IRSは、"Interest Rate Swap"の略で、金利を対象と

IRSは、"Interest Rate Swap"の略で、金利を対象とするデリバティブ取引の一つで、同一通貨間で異なる種類の金利を、取引の当事者間で交換（スワップ）する取引をいう。最も多い取引としては、固定金利と変動金利（LIBOR、TIBORなど）の交換があり、円のIRSでは、固定金利と6ヵ月LIBORとを半年毎に交換する取引などが具体例として挙げられる。また、円の金利スワップレート（固定金利の交換レート）は、日本経済新聞（朝刊）のマーケット欄にも記載されている。

一般にIRSは、金融機関や企業などで金利変動リスク（金利上昇リスク、金利低下リスク）を回避（ヘッジ）する手段の一つとして利用されている。また、実際の元本を取引の当事者間で移動させない「想定元本」で取引されおり、オフバランス取引となっている（元本交換を行わずに、金利部分のみを当事者間で交換）。なお、本取引は、取引所を通さずに当事者間で直接取引をする「相対取引」によって行われるため、その取引条件（想定元本、取引期間、金利種類、利払い等）については当事者間で予め取り決めることになる。

結果 (英語) 1:

stands for "interest rate swap", one of the derivatives to target interest rates, irs refers to transactions between the parties of the transaction to exchange (swap), the interest rates of different types in the same currencies. The most common transaction, there is a replacement (libor, and tibor) of floating rate and fixed rate, the irs of the circle, such as transaction to be replaced every six months and the six-month libor and the fixed rate may be mentioned as examples. In addition, (exchange rate of fixed interest) Interest rate swap rate of the circle,It is also described in the market field of Nihon Keizai Shimbun (morning edition).

Irs, are used as a means to avoid (hedge) (rising interest rates risk, interest rate risk reduction) interest rate risk, such as financial institutions and businesses in general. In addition, we are trading not move between the parties trading the principal of fact in the "notional", has become the off-balance sheet (without the principal exchange, the exchange between the parties the interest-only). It should be noted that the present transaction,Because it is done to deal directly between the parties without going through the exchange by "negotiated transactions", will be negotiating in advance between the parties (the notional amount, the life of the transaction, interest rate type, interest payments, etc.) for the terms and conditions.

結果 (英語) 2:

The IRS stands for "Interest Rate Swap", intended to interest rate derivatives in the transactions of different kinds in the same currency while interest rates to Exchange (swap) deal between the parties. As the largest trading and fixed-rate exchange floating interest rate (LIBOR, TIBOR) and JPY IRS offers a fixed interest rate and specific examples include trading the six-month LIBOR and to replace every six months. In addition, Yen interest swap rate (fixed-rate exchange rate)In the marketplace section of the Japan economic newspaper (morning newspaper) are listed.

The IRS typically used as a means to avoid the problem (hedging) interest rate risk (risk, interest-rate decrease risk) in financial institutions and private companies. Also traded in a "notional" principal real do not move between trading parties and off-balance sheet transactions (instead of replacing the principal, interest rates partial replace parties) has been. Furthermore, this transaction isBecause relative trafficking through the exchange between the parties directly to trade to be negotiated between the parties beforehand about trading conditions (notional, trading period, type of interest rate, interest etc);

結果 (英語) 3:

IRS says the business that exchange (swap) does the interest rate of a different kind between the people concerned of the business between the same currencies in one of the derivative business for an interest rate by abbreviation of "InterestRateSwap". For most business, there is the exchange of fixed interest and the variable rate (LIBOR, TIBOR), and business to change LIBOR in IRS of the yen every a half year for fixed interest and six months is raised as a specific example. In addition, the interest swap rate (the exchange rate of the fixed interest) of the yen,It is listed in the market column of the Nihon Keizai Shimbun (the morning edition).

Generally IRS is used as one of the means to do evasion (a hedge) of an interest rate change risk (an interest rate rise risk, an interest rate fall risk) in a financial institution or a company. In addition, it is had dealings with [assumption capital] that doesn't move real capital between the people concerned of the business and is, and it is with off balance business (I change only an interest rate moiety between the people concerned without performing capital exchange). In addition, this business,I will decide it between the people concerned about the terms and conditions (assumption capital, a business period, an interest rate kind, an interest payment) beforehand in order that it is performed direct trade between the people concerned without the stock exchange by [a negotiated transaction] to do.