An asset swap which has an embedded option (a spread option between the substitutable assets) allowing the holder to substitute...

The difference between the yield-to-maturity of a bond and the par swap rate to the maturity of the bond: Matched...

The difference between the yield-to-maturity of a bond and the par swap rate to the maturity of the bond: YY...

An asset swap that involves the exchange of a swap rate for a bond yield. The yield/ yield spread is...

An asset swap that involves the exchange of a swap rate for a bond yield. The yield/ yield spread is...

An abbreviation for asset swap spread; a spread that is usually paid (when necessary) by the seller of an asset swap, in addition to...

A vanilla swap which has a zero net present value (NPV). That is, it involves no initial exchange of notional principal. More specifically, the present...

An asset swap package where an investor pays par (100%) to an asset swap seller for a particular fixed-coupon bond issued by...

An asset swap in which one counterparty delivers a risky asset (bond, floater, etc) to the other in return for par value. In other words, one...

A clause in a law, contract, agreement, etc, that limits or reverses a payment or profit distribution for particular reasons....