#### Roshan Ramdas

##### Active Member

What is the effective swap start and end date assumptions please in this example ??No.. check this: (assuming 1st payment on Jan 1 2014 and last payment on 1st Jan 2016)

For Half yearly:

Jan1 2014- First Payment

July 1 2014- Second Payment

Jan1 2015- Third Payment

July 1 2015- Fourth Payment

Jan1 2016- Fifth Payment

Similarly 9 for quarterly . Assuming no netting it gives 14 payments. With netting 9.

Hope it is clear now.