It stands for tranche-loss credit default swap; a basket-linked credit default swap(basket-linked CDS) which protects the buyer (the long) from…
The floating rate payer, or a party to an interest rate swap who makes, to a fixed rate payer, variable...
The fixed rate payer, or a party to an interest rate swap who makes, to a floating rate payer, i.e.,...
A measure of a swap's value sensitivity to interest rate changes. The duration of a swap is equal to the...