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Polynomial Swap

An interest rate swap (specifically a LIBOR Function Swap) in which the floating rate is calculated using polynomial equations (e.g.,...

TRIS

A combination of an index swap with a total return swap (TRS) whereby one counterparty agrees to exchange the total...

Total Return Index Swap

A combination of an index swap with a total return swap (TRS) whereby one counterparty agrees to exchange the total...

Capped Equity Swap

An equity swap that has a cap placed on its equity side. The cap can be purchased along with the...

Capped Floater Swap

An interest rate swap in which both legs are based on floating rates. One leg is capped, that is, the...

Actual Balance Swap

An interest rate swap in which the notional principal amount (NPA) on each payment date is equal to the principal...

Callable Cap Floater Swap

A cap floater swap which gives the payer of the capped leg the right but not the obligation to call...

Callable Capped Floater Swap

A capped floater swap which gives the payer of the capped leg the right but not the obligation to call...

Buy Up

An adjustment that is to be made to swap pricing to take account of the off-market requirements on a counterparty...

Zero Coupon LPI Swap

A highly path-dependent inflation swap (LPI swap) that has an inflation leg vis-à-vis an interest payment. It involves one payment...