A swaption is an option granting its owner the right but not the obligation to enter into an underlying swap. Although options can be traded on a variety of swaps, the term `swaption` typically refers to options on interest rate swaps. There are two types of swaption contracts: In addition, a `straddle` refers to a combination of a receiver an...
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http://en.wikipedia.org/wiki/Swaption
Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. The swaption agreement will specify whether the buyer of the swaption will be a fixed-rate receiver or a fixed-rate payer. The writer of the swaption becomes the counterparty to the swap if the bu...
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http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm
Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the ' future. The swaption agreement will specify whether the buyer of the swaption will be a fixed-rate receiver or a fixed-rate payer. The writer of the swaption becomes the counterparty to the swap if the ...
Found on
http://www.encyclo.co.uk/local/20047
Also called a swap assignment, a transaction that ends one counterparty's role in an interest rate s
Found on
http://www.encyclo.co.uk/local/22402
Is an option on a swap. This option can be a put, call or myriad combination of option features.
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http://www.oasismanagement.com/glossary/
No exact match found.
