Substitution Swap Daniel Guidotti 14 years ago Substitution SwapA money manager may swap one bond for another which has the same maturity, credit quality and other terms, but has a higher yield/return.Random Finance Terms for the Letter SSubprime LoanSubscription PriceSubsidiarySubstitute SaleSubstitution SwapSum-Of-The-Years-Digits DepreciationSunk CostsSuper HedgingSupermajoritySupply ChainRecommended for you:Sum-Of-The-Years-Digits Depreciation Supermajority Super Hedging Substitute Sale