Derivatives
Non-Standard Option
September 17, 2021
Derivatives
Cross-Currency Swap
September 17, 2021

A cash-settled option that sets a maximum limit (cap/ interest rate cap) on the spread between two benchmark interest rates each denominated in a different currency.

This option is usually settled in one of the two underlying currencies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts