A basis point (bps) is 0.01 percentage point and equals $1,000 annually on a contract protecting $10 million of debt...
A Bermudan derivative which constitutes a Bermudan option on a swap. It is an option on a swap that allows the holder (the option's buyer or the...
A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...
A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...
A credit default swap (CDS) in which the protection buyer pays a fee (premium) to purchase default protection on a number of debtors or debt issuers....
A credit default swap (CDS) in which the protection buyer pays a fee (premium) to purchase default protection on a number of debtors or debt issuers....
A credit default swap (CDS) in which the protection buyer pays a fee (premium) to purchase default protection on a number of debtors or debt issuers....
An inflation-indexed swap which has both cash flow legs paying out on maturity. This swap is based on an exchange of the...
A barrier option which will be knocked out or deactivated if the outstirke barrier has been hit or touched three times during the option's life....
A structured swap in which the swap counterparty agrees to adjust the notional principal amount in a fashion that matches the actual outstanding balance...