Principals Who Enter into an Interest Rate Swap with the Intention

Multiple Choice

Principals who enter into an interest rate swap with the intention of shortly afterwards assigning or transferring the swap to a third party:

A) should never reveal their future dealing intentions to their counterparties
B) should make clear their intention to do so when initially negotiating the deal
C) should agree upon the method of assignment before transacting
D) should only reveal any such intentions after the confirmations have been exchanged