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BOOST

It stands for banking on overall stability, which is one of the numerous names for . By definition, it is...

Big Mac PPP

A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...

SWWR

It stands for specific wrong way risk; a type of wrong way risk (WWR) that comes into play because of…

Specific WWR

It stands for specific wrong way risk; a type of wrong way risk (WWR) that comes into play because of…

MN-CDS

It stands for multi-name credit default swap; a credit default swap (CDS) in which the underlying reference is more than...

SN-CDS

It stands for single-name credit default swap; a type of credit default swap (CDS) where there is only one reference...

WWR

An acronym for wrong way risk; the risk that arises when a counterparty risk is adversely correlated with the credit...

NEO

An abbreviation for non-equity option; an option that is written on foreign currencies, bonds, and other debt issues, commodities, metals…

NOB Spread

The price differential between ten-year Treasury note futures and Treasury bond futures. Realizing profits from taking a view on this…

Near Perfect FRN

An FRN that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…