Swaption: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Broaden by linking with Forward start swap page.) |
imported>Doug Williamson (Classify page.) |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
An option on a swap | An option on a swap. | ||
The buyer of the swaption has the right, but not the obligation, to enter into a specified swap on a specific future date (or on one of a number of specified dates) set out in the terms of the swaption. | |||
== See also == | == See also == | ||
| Line 5: | Line 8: | ||
* [[Option]] | * [[Option]] | ||
* [[Swap]] | * [[Swap]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 12:11, 2 July 2022
An option on a swap.
The buyer of the swaption has the right, but not the obligation, to enter into a specified swap on a specific future date (or on one of a number of specified dates) set out in the terms of the swaption.
