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PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

Long Credit Default Swap

Buying a credit default swap (CDS); a long position in a credit default swap (CDS). It is equivalent to shorting...

PAUG Swap

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

Pay-As-You-Go Swap

An inflation swap where the two counterparties exchange an inflation rate against a fixed rate every year. This swap is...

Currency Coupon Swap

A currency swap in which one side is a fixed rate currency and the other a floating rate payment (such...

Deferred Rate Setting Swap

A fixed-for-floating interest rate swap in which the swap comes into effect immediately at the trade date, but the swap...

Double No Touch Linked Swap

An interest rate swap or a cross-currency swap in which the interest rate payments for the swap buyer (seller) are...

Volatility of Volatility

A measure of volatility which supposes that volatility is a random market risk variable, rather than a known and constant...

Delayed Start Swap

A swap which initiates at a forward start date. In this swap, the effective date is not the usual one...

Currency Swap

A popular type of swap which involves exchanging principal and interest payments in one currency for principal and payments in...