A bond swap and particularly a form of the intermarket spread swap whereby an investor may be compensated for the…
An action that is taken by an investor or trader whereby he/ she chooses not to exercise or offset a…
A forward contract at a forward rate that allows the holder to break or unwind the contract with an opposite…
It equals the number of shares in an option contract (typically 100 shares) multiplied by the exercise price in that…
It stands for forward-starting CDO; a single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time…
A forward contract which allows the holder, virtually for no premium, to have a better forward rate than the pre-agreed…
An option on a forward rate agreement (FRA) that gives the holder the right, without the obligation, to buy an…
It stands for constant maturity Bermudan swaption; a Bermudan swaption in which the option (on the underlying swap) can be…
In the context of bonds (specifically bond indentures), this refers to a term providing for a premium to par value…
The right of the holders of a given local currency to dispose of their currency holdings in exchange for goods…
