Finance

Single LIBOR Stream

October 13, 2022
Derivatives

Call on Cliquet

October 13, 2022

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It stands for single LIBOR stream; a single payment of periodical/ resetting cash flows associated with, or calculated based on, LIBOR, as a reference rate. A financial transaction/ product may be structured in such a way that floating “LIBOR” interest payments (the stream/ cash flow stream), over its tenure, are combined in one single amount, rather than made from one resetting point to another.

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