An interest rate swap in which a fixed rate is exchanged for a floating rate, with the latter being set...
An up-and-in option that becomes effective, i.e., is activated, if the price of the underlying exceeds a preset level. The...
A derivative which has a commercial property as underlying. Most often, this derivative is in the form of a swap...
A derivative in which the underlying is a real estate price or index. Historically, the New York Real Estate Securities...
A date that doesn’t fall on standard maturities of forward/ futures contracts. Banks normally quote forward rates for specific standard...
A deal involving a derivative contract whose maturity date is not associated with a standard maturity (reference point). Banks usually...
The dollar amount by which the market value of a $100 par bond would change following a change of one...
An interest rate cap (i.e., a contract on a maximum interest rate) whereby the seller pays the buyer, at periodic...
An interest rate floor (i.e., a contract on a minimum interest rate) whereby the seller pays the buyer, at periodic...
An interest-rate swap in which a fixed rate is exchanged for a floating rate, where the fixed payment stream is...