A coupon swap which gives the fixed rate payer the right, without the obligation, to terminate the swap at a...
A floating rate note (FRN) in which the coupon is based on an inverse of a floating rate (capped and...
A callable LIBOR exotic that helps investors leverage interest rates' movements. This instrument, which is a zero-strike call on a...
A hybrid derivative structure in which the coupon is determined as the difference between the previous coupon and a predefined...
An ordinary fixed-floating interest rate swap. In this swap, one party pays the fixed rate and the other pays the...
An inverse floater that is combined with a path-dependent coupon. For each period, the coupon depends on the level of...
A snowball that is associated with a call option (callability). The issuer has the right to call at face value...
A ratio vertical spread that is constructed using call options. This involves buying one in-the-money call option and simultaneously selling...
The relationship between the prices of calls (call options), puts (put options), and futures (futures contracts) on the same underlying...
A type of interest rate derivative; a contract (an option) which gives the holder the right without the obligation to...