A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...
An interest rate swap in which an embedded collar is placed on the floating rate payment. In other words, the...
An floater that is embedded with increased participation mechanism (such as that of a participating cap/ participating floor). In other...
In relation to credit derivatives, it is a curve (usually, positively sloped) that depicts the relationship between credit spread and...
An irregular swap that is based on the exchange of returns originally generated by specific instruments/ investments rather than interest...
Going long the basis, or more specifically the purchase of a cash-market investment instrument such as cash bonds or index...
A procedure for representing a financial instrument as a portfolio of zero-coupon bonds for the purpose of calculating its value...
A type of credit derivative in which the two counterparties agree to exchange the total return on a specified asset...
Also CTFF or cash-to-first futures. It is a short cash rate that is observed from current day to the maturity...
A swaption which is settled in cash rather than physical. Furthermore, it is a swaption giving its holder the right...