An FRN that is embedded with caps or collars (caps and floors) so that the floating rate movement (adjustment) is…
The purchase of one option and the sale of a different-type option with a different strike price. In other words,…
A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…
A zero-premium option (zero-cost option) that is used to protect a position taken in a transaction by buying a put...
A floater (floating-rate note) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…
A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...
A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…
An interest rate swap in which an embedded collar is placed on the floating rate payment. In other words, the...
An option on a collar. It gives its holder the right, without the obligation, to trade a collar at or...
The collar (also “hedge wrapper”) is a protective options strategy that can be established by purchasing an out of the...