Default probability of an underlying deliverable obligation is the chance that it would fail to fulfill during the life of...
The difference or gap between a CDS premium and a corresponding par asset swap spread for the same reference entity....
A range accrual note (RAN) that is a structured in such a way that the coupon is linked to the...
A range accrual note (RAN) that is a structured in such a way that the coupon is linked to the...
A snowball whose coupon depends on the previous coupon plus the difference between a strike level and the 10-year constant...
A call option with a lookback strike price and a maximum settlement price/r ate. More specifically, it gives the holder...
A capped option that constitutes a long put position in which a cap is placed on the maximum payout of...
A capped option that constitutes a long call position in which a cap is placed on the maximum payout of...
An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly...
The virtual selling of an asset by its owner by doing either of the following: 1) entering into a short...