4:Swaptions
Swaptions – are options on interest rate swaps either with a right (but not an obligation) to enter a received or a paid position…
5: Annuity and Convexity
The series of swap cash flows we have discussed so far are of the nature of an annuity…
6: Rate Option Strategies
The series of swap cash flows we have discussed so far are of the nature of an annuity…
7: Rate Option Strategies…Conditional Spread
Conditional Spread strategies using rate options now let’s look at option strategies on two different underlying…
4: Duration and PVBP for a Floating Rate Bond
It’s important to cover this base too, as for floating rate bonds if we apply the ‘time taken to receive the promised cash flow’…
