The risk that a counterparty to a swap will not make a due payment on a specific reset day. Differently...

A bond (note) that pays interest only if the floating interest rate (such as LIBOR) or an interest rate option...

An interest rate swap that is designed so that payment obligations occur only when the reference rate is within some...

A balance guaranteed swap that is mainly used in cross-currency transactions whereby the coupons on one leg of the swap...

An inflation-indexed swap that is combined with a cross currency swap. This swap entails the exchange of two different cash...

A combination of different types of swaps that aims to spread the risk associated with a sizable financing endeavor. For...

A derivative instrument/ contract whose value is based on, or derived from, the price movement of a commodity such as...

It is part of xVA (cross valuation adjustments); it refers to the pricing adjustment made for a collateralized derivative. It...

An option whose payoff depends on the performance of two different assets (one primary, and the other secondary). The option...

It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...