A trading in which the underlying is the yield curve. Traders and investors use various strategies to buy the interest...
A swap spread which measures the yield of a specific treasury security against the par swap rate of a swap...
An inflation swap where the two counterparties exchange an inflation rate against a fixed rate every year. This swap is...
A swap whose maturity matches that of another instrument. This arises when an investor tries to synthetically hedge a bond/...
The differential equation that is used, in the Black-Scholes model, to calculate the price or theoretical value of a European...
The benefit of carry arises when the income gained on holding an asset (mainly, interest amounts or dividends) exceeds all...
An interest rate swap in which both counterparties pay fixed rate in their respective currencies. It is a type of...
A floater that can be called by the issuer before maturity date. In other words, It is a floater with...
Another name for the snow bear; a hybrid derivative instrument that is used by investors willing to bet on rising...
A floating rate note (FRN) in which the coupon is based on an inverse of a floating rate (capped and...