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Pay-As-You-Go CDS

A credit default swap (CDS) transaction which has as underlying a bond such as an asset-back security (ABS) or a...

PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

Long Credit Default Swap

Buying a credit default swap (CDS); a long position in a credit default swap (CDS). It is equivalent to shorting...

Long Albatross

A complex and versatile option trading strategy (basically an albatross spread) which involves buying one deep in-the-money option, selling one...

Long Hedge

A hedge that involves taking a long position in futures contracts so as to lock in a price. When a...

Long Payer Swaption

A long position in a payer swaption. This position gives the holder the opportunity to pay the fixed rate and...

PAUG Swap

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

PAUG Option

An abbreviation for pay-as-you-go option; a non-standard option in which the premium is paid monthly or quarterly over its life....

Pay-As-You-Go Option

A non-standard option in which the premium is paid monthly or quarterly over its life. Furthermore, this option gives the...