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Convertible Asset Swap Transaction

A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with…

Convertible Asset Option Transaction

A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with…

Partial Lookback Feature

With respect to option contracts and other types of derivatives, it refers to the feature allowing the holder (the long)...

Par Asset Swap Package

The combination of a fixed-rate bond and an interest rate swap (IRS), structured such that the total cost to the...

Callable Par Asset Swap

A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with...

Par Asset Swap

An asset swap in which one counterparty delivers a risky asset (bond, floater, etc) to the other in return for par value. In other words, one...