Derivatives
Buy-Write Security
February 23, 2022
Exchanges
Closing Tick
February 23, 2022

A total return index swap (TRIS) where one leg is based on a CMS return index and the other is either a fixed or floating rate. At maturity, the cumulative total return of the CMS return index would be paid in exchange for all periodic payments that have been made on the other leg.

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