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Hyperinflation

The state of rapid and excessive increases in the general price (general price index) of goods and services in an...

Currency Convertibility Option

The right of the holders of a given local currency to dispose of their currency holdings in exchange for goods…

Currency Convertibility Option

The right of the holders of a given local currency to dispose of their currency holdings in exchange for goods…

Inflation

An increase in the general price level of goods and services (asset and consumer prices) over a period of time....

Disinflation

A decline in the rate of inflation. In other words, it is an inflationary situation in which the rate of...

Hard Landing

A situation (in the business cycle/ economic cycle) that is marked by a rapid move from economic expansion to recession...

Cross-Currency Inflation Swap

An inflation-indexed swap that is combined with a cross currency swap. This swap entails the exchange of two different cash...

Inflation-Linked Derivative

A derivative whose underlying is the rate of inflation as measured by some inflation index such as consumer price index,...

Multi-Payment Inflation Swap

A real interest rate swap (CPI swap) whose inflation leg pays a year-on-year inflation rate. Like it closest cousin, the...

Inflation Cap

An inflation derivative (cap) that pays out if inflation (as measured by percentage increase in the consumer price index) exceeds...