Swaption: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Removed link) |
imported>Doug Williamson (Remove surplus link.) |
||
| Line 6: | Line 6: | ||
== See also == | == See also == | ||
* [[Forward start swap]] | * [[Forward start swap]] | ||
* [[Option]] | * [[Option]] | ||
* [[Swap]] | * [[Swap]] | ||
Revision as of 20:26, 9 February 2019
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.
