A derivative contract that allows a market participant to enter into an interest rate swap (IRS) at a preset spread...

A yield curve that depicts the relationship between the swap rate and maturity of a swap. In cases where the...

A yield curve that depicts the relationship between the swap rate and maturity of a swap. In cases where the...

An accrual swap in which any breach (touch) of the range upper or lower boundary terminates all further potential for...

The last interim (reset) period (stub period) in the life of a floating rate instrument such as interest rate swap...

The first interim (reset) period (stub period) in the life of a floating rate instrument such as interest rate swap...

An interim (reset) period at the beginning (front stub period) or end (back stub period) of a floating rate instrument...

The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest rates are...

An offsetting or opposing swap which is designed to close out the market exposure of an existing swap position. For...

The amount of interest paid annually on a bond or note expressed as a percentage of its face or par...