A swaption which gives the holder the right, without the obligation, to buy a swap on or by a specific...
A long position in a payer swaption. This position gives the holder the opportunity to pay the fixed rate and...
A short position in a payer swaption. This position gives the holder the right and opportunity to pay the floating...
An option on an interest rate swap. It grants the holder the right, without the obligation, to enter into an...