如下

问题如下：

What is the best description of the swap rate in an interest rate swap contract?

选项：

A.

the interest rate for the fixed-rate leg of the swap

B.

the interest rate for the floating-rate leg of the swap.

C.

the interest rate for the difference between the fixed and floating legs of the swap.

解释：

A is correct.

考点：The Swap Rate Curve

解析：swap rate就是利率互换的固定利率。