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Constant Spread Swap

A swap that combines two offsetting credit default swaps (CDS): a regular CDS and a CMCDS (constant maturity credit default...

Constant Maturity Swap

An interest rate swap in which a swap rate is exchanged for either a fixed rate or a floating rate...

Credit Spread Option

An option whose payoff depends on the spread between the yields earned on two underlying assets. For example, this option...

Credit Default Spread

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...

Credit Spread

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...

Credit Risk Spread

The spread that is attributed to the credit risk associated with a defaultable instrument (e.g., a credit default swap or...

Corridor Risk

The risk that arises from an underlying rate/price of a range-type derivative sliding outside the specified range. For example, the...

Corridor Floater

A floater that pays periodical payment (coupons) calculated on the basis of the number of days during the preceding interest...

Corridor Accrual Swap

An accrual swap in which interest starts accruing on the fixed leg when the floating reference rate enters into (or...

Currency-Protected Option

An option on foreign assets where the writer of the option bears the exchange rate risk against a premium paid...