A hedging tool that combines an interest rate swap with a participating cap or a participating floor. This structure provides both…

An interest rate cap (and an option strategy- a form of participating option) which gives its holder partial protection from...

Abbreviation for swap transferring risk with participating element; a hedging tool that combines an interest rate swap with a participating...

An floater that is embedded with increased participation mechanism (such as that of a participating cap/ participating floor). In other...