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Banking

Forward Swap Option

An option that gives its holder the right, without the obligation, to enter into a forward swap at a given maturity/expiration…

Floating-Rate Payer

A party to an interest rate swap who makes, to a fixed rate payer, variable (floating) interest rate payments based...

Fixed-Rate Payer

A party to an interest rate swap in which payment is based on a swap rate or the coupon rate...

Forward Swaption

An option that gives its holder the right, without the obligation, to enter into a forward swap at a given...

Chooser Swap

An interest rate swap giving the holder the option to choose to enter into either a receiver swap or a...

Receiver Swap

A put option on a swap in which the buyer has the right, but is not obliged, to enter into a swap wherein he...

Payer Swap

A call option on a swap in which the buyer has the right, but is not obliged, to enter into...