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Payer Swaption

A swaption which gives the holder the right, without the obligation, to buy a swap on or by a specific...

PAUG Cap

It stands for pay-as-you-go cap; an interest rate cap that requires its holder to pay only a small upfront premium...

Pay-As-You-Go Cap

An interest rate cap that requires its holder to pay only a small upfront premium compared to corresponding standard caps,...

Pay-As-You-Go CDS

A credit default swap (CDS) transaction which has as underlying a bond such as an asset-back security (ABS) or a...

PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

PAUG Swap

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

PAUG Option

An abbreviation for pay-as-you-go option; a non-standard option in which the premium is paid monthly or quarterly over its life....

Pay-As-You-Go Option

A non-standard option in which the premium is paid monthly or quarterly over its life. Furthermore, this option gives the...

Pay-As-You-Go Swap

An inflation swap where the two counterparties exchange an inflation rate against a fixed rate every year. This swap is...