10 | Czech Swap

Czech 10-Year Interest Rate Swap (IRS) is a benchmark financial derivative used to exchange a fixed interest rate for a floating rate (typically tied to

While “swap” typically implies exchanging a floating price for a fixed price, the “10” in the name refers to the number of hours in the delivery block. Specifically, the Czech Swap 10 usually covers — commonly known as the peak-load hours for the Czech power system. Some contracts may define it as hours 09:00–18:00 CET, but the standard is the daytime block when industrial and commercial demand is highest. czech swap 10

CNB cutting → 10Y CZK IRS barely budging. Czech 10-Year Interest Rate Swap (IRS) is a