A security (financial security) that carries or provides interest payment at a fixed rate. The coupon rate of a fixed...
A variable interest rate on one or two legs of a swap. This rate changes or floats every time the...
A bond that pays a fixed amount of interest (coupon) for a specific period of time and then turns into...
A put option on a swap in which the buyer has the right, but is not obliged, to enter into...
A swap agreement that is made between a municipality (a city or town local council) and a financial intermediary, in...