In an interest rate swap, each counterparty agrees to pay either a fixed or floating rate denominated in a particular currency to the other counterparty. The fixed or floating rate is multiplied by a notional principal amount (say, $1 million) and an accrual factor given by the appropriate day count convention.n interest rate swap (IRS) is a liquid financial derivative instrument in which two parties agree to exchange interest rate cash flows, based on a specified notional amount from a fixed rate to a floating rate (or vice versa) or from one floating rate to another.
Havana: Annual Weather Averages. June is the hottest month in Havana with an average temperature of 27Â°C (81Â°F) and the coldest is January at 21Â°C (70Â°F) with the most daily sunshine hours at 11 in July. The wettest month is June with an average of 80mm of rain.
Average Weather in January in Santiago de Cuba Cuba. In Santiago de Cuba, the month of January is characterized by essentially constant daily high temperatures, with daily highs around 84Â°F throughout the month, rarely exceeding 87Â°F or dropping below 80Â°F. The lowest daily average high temperature is 84Â°F on January 28.