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Ratchet Inverse Floater

Another name for the snowball; a hybrid derivative instrument that allows investors harboring a strong feeling that rates will fall...

Skyline

A hybrid derivative product in which the payout is based on the previous coupon plus an increment if the market...

Thunderball

A hybrid derivative structure in which the coupon is determined as the difference between the previous coupon and a predefined...

Reverse Snowball

Another name for a snow bear; By definition, it is a hybrid derivative instrument that is used by investors willing...

Hybrid Derivative

A multi-asset derivative whose components don’t belong to the same asset class. In general, financial derivatives can be divided into...

Snowbear

A hybrid derivative instrument that is similar to a snowball. Actually, it is a snowball structured as a bearish note...

Snowball

A hybrid derivative instrument that allows investors harboring a strong feeling that rates will fall below a specific level to...