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Knock-Out Premium Cap

An interest rate cap which is placed on a floating rate, requiring premium payment if a knock-out trigger rate is...

B-Cap

It stands for a bounded cap; a modified interest rate cap in which the total payout is limited (bounded). The...

Auto-Floor

An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...

Accreting Cap

An interest rate cap in which the successive caplets cover increasing notional principal amounts. In other words, the notional principal...