An exotic interest rate cap (a type of shout option) which gives the holder the right at any point in time before expiration to lock in the minimum payout (payoff) of an option by asking the writer to link the option payoff to the reference rate value observed at that time.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments