An agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for another based on a specified principal amount.Interest rate swaps often exchange a fixed payment for a floating payment that is linked to an interest rate (most often the LIBOR).n agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for another based on a specified principal amount.
Delray Beach is a coastal city in Palm Beach County, Florida, United States. As of the 2010 census, the city had a total population of 60,522. The population was estimated at 66,255 in 2015. Delray Beach is part of the Miami metropolitan area.
A small and intimate town with big city sophistication, Delray Beach is 30-45 minutes from Palm Beach and Fort Lauderdale International Airports, and only an hour north of Miami. A two-time winner of the coveted All-America City award (1993 and 2001), Delray Beach celebrates its art, culture and history.