An asset swaption that gives the holder the right, without the obligation, to sell an asset swap package with a...

An acronym for participating interest rate agreement; an interest rate collar that allows an investor or borrower to mitigate or...

In interest rate swaps and also currency swaps, it is the predetermined money amount on which the interest payments to...

It stands for principal-only swap; a type of currency swaps which involves the exchange of principal between two currencies. In...

It stands for principal only; the principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially...

The principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially mortgage financing firms, separate the...

A type of currency swaps which involves the exchange of principal between two currencies. In other words, under this swap...

An exotic swap in which either of the two legs is (or both are) based on an illiquid index and...

A floating rate note that can be given back to the issuer by the holder at put price before maturity...

The present value of a basis point (PVBP or PV01) of a swap is the change in its value due...