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CMS
(redirected from Constant maturity swap)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
CMS,
abbreviation for Centers for Medicare and Medicaid Services, an agency of the U.S. Department of Health and Human Services: formerly called the Health Care Financing Administration.

CMS
Centers for Medicare and Medicaid Services, formerly HCFA, Health Care Financing Administration. See Managed care.


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They sometimes also include interest rate swaps, options and derivatives, including Constant Maturity Swap (CMS) floors.
Memorial recently entered into forward constant maturity swap agreements with Morgan Stanley and Citibank.
While 100% of this exposure is hedged with a standard LIBOR-based swap and constant maturity swap, the district is now increasingly vulnerable to the inherent risks of derivative securities and auction-rate products.
 
 
 
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