5: Intuition behind a cross currency basis swap
Now as a follow-up here’s the intuition behind the cross currency basis product – the term basis refers…
6: FX Swaps to FX Implied to Par CCS
We have discussed both FX swaps and cross currency swaps and now understand that both products…
1: BSM vs Black
Interest rate Options – are options on interest rates that at it’s very basic construct can be described…
2: Embedded Bond Options
Bonds are frequently structured with optionality in them for either the issuer or investor.
3: Interest Rate Cap and Floor
Interest Rate Caps – are a certain type of option on interest rates that cap the exposure to higher rates…
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…
7: Rate Option Strategies…Conditional Spread
Conditional Spread strategies using rate options now let’s look at option strategies on two different underlying…
