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Coupon Swap

An ordinary fixed-floating interest rate swap. In this swap, one party pays the fixed rate and the other pays the...

Callable Ratchet Inverse Floater Note

An inverse floater that is combined with a path-dependent coupon. For each period, the coupon depends on the level of...

Callable Snowball

A snowball that is associated with a call option (callability). The issuer has the right to call at face value...

Call Ratio Vertical Spread

A ratio vertical spread that is constructed using call options. This involves buying one in-the-money call option and simultaneously selling...

Call-Put-Futures Parity

The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...

Coupe Option

An option whose strike price periodically resets to the lowest of an underlying's price and the previous strike price. This...

Capped Floored FRN

A floored FRN which is also capped: the coupon of the floating-rate note (FRN)cannot increase beyond the cap rate. In...

Capped Floored Floater

A floored floater which is also capped: the coupon of the floater cannot increase beyond the cap rate. In other...

Capped Floored Floating Rate Note

A floored floating rate note which is also capped: the coupon of the floating rate note cannot increase beyond the...

Corridor Floating Rate Note

A floating rate note that pays periodical payment (coupons) calculated on the basis of the number of days during the...