Derivatives · glossary
The loan's name for the day its rate is read, two days before each interest period starts. The swap calls the same day its Fixing Day, so the loan and the swap read the same rate. FA definition: Quotation Day · Chapter 6
Explained in Chapter 6, Trade Date: the Confirmations, Line by Line, of Derivatives.
The main page for this term is Quotation Day, in Finance Deals & Syndicated Lending.
The loan reads its first rate two days before Atlas draws it, on a day the loan calls the Quotation Day. The hedge is traded on that same morning, 24 November 2026, so that both read the same rate. Two days later the purchase completes and Atlas draws the loan.Read Chapter 6, Trade Date: the Confirmations, Line by Line →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Derivatives and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Derivatives → · All terms A–Z →