An Overnight Indexed Swap (OIS) Is

Multiple Choice

An Overnight Indexed Swap (OIS) is:

A) A fixed-floating money market swap in which the floating rate is an overnight index fixed periodically over the term of the swap
B) A fixed-floating money market swap in which the floating rate is the mean of the overnight index over the term of the swap
C) A fixed-floating money market swap in which the floating rate is an overnight index compounded daily
D) A floating-for-floating rate swap in different currencies in which both floating rates are overnight indexes compounded daily