A yield curve that depicts the relationship between the swap rate and maturity of a swap. In cases where the...

Counterparty credit risk is a source of great concern for end users and dealers in the swaps market (market for...

An enhanced alternative to a variance swap. In view of the insensitivity of variance swap to the level of the...

The breakeven coupon on a swap is the coupon that gives the swap a zero value. For example, in a...

The value of an asset swap spread which makes the net present value of all of the cash flows generated...

An inflation-indexed swap which has both cash flow legs paying out at maturity. This swap is based on an exchange...

A financial contract whose proceeds, characteristics and value depend on (and so are derived from) the proceeds, characteristics and value...

A financial instrument whose performance, characteristics and value depend on (and so are derived from) the performance, characteristics and value...

An exotic cross-currency swap whose maturity is typically long-dated, up to 30 years, while its coupons are options on the...

It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...