Derivatives

Multi-Callable Swap

November 5, 2021
Islamic Finance

Ba’i al-Mutajarah

November 5, 2021

Share

A yield curve for zero-coupon notes that is implied from the ordinary yield curve. It is used to calculate payments for fixed-rate swaps. The idea is to synthetically create a zero-coupon swap curve by using zero-coupon interest rates on notes.

Leave a Reply

Related Tags

All Topics in the Letter