Overnight Index Swaps

An Overnight Index Swap (OIS) is a fixed/ floating interest rate swap which has a maturity of between 1 week and 2 years. The floating rate is referenced to the daily overnight (or Tom/Next) rate.

ICAP is the leading broker for OIS with dedicated teams covering the product in London, Copenhagen and Wellington, New Zealand.

In the Risk Rankings, ICAP achieved first place rankings in Overnight Index Swaps for US dollars, euro, Japanese yen and Australian dollar.

To find out more about how ICAP's services can help your business, contact:

Bangkok : + 66 2256 0885
Copenhagen : + 45 7788 7626
Frankfurt : + 49 6929 0061
London (Currency Euro) : + 44 (0)20 7532 3540
London (Currency Sterling) : + 44 (0)20 7532 3203
London (Currency US Dollar) : + 44 (0)20 7532 3100
Mumbai : + 91 22 2288 4470
Singapore : + 65 6329 9308
New York : + 1 212 815 6788