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Real Annuity Swap

An inflation -indexed swap which is established on the same notional principal amount for both legs, but with different payout...

Macro Option

An option in which the underlying benchmark is a macroeconomic variable or index. This option is pegged to the level...

Macroeconomic Option

An option in which the underlying benchmark is a macroeconomic variable or index. This option is pegged to the level...

Annual Swap

An inflation-indexed swap where the fixed rate payments are made on an annual basis. That is, an interest rate swap...

PAUG Swap

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

Pay-As-You-Go Swap

An inflation swap where the two counterparties exchange an inflation rate against a fixed rate every year. This swap is...

Zero-Coupon Inflation Swap

A type of inflation derivative; an inflation-indexed swap which has both cash flow legs paying out on maturity. This swap...

Inflation Swaption

An option that confers on the holder, being the payer of the fixed rate, the right to enter into an...

Natural Hedge

A hedge that involves offsetting an exposure to a risk factor, wholly or partially, by an opposite exposure to that...

Cross-Currency Inflation-Indexed Swap

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