Swaption and Treasury securities: Difference between pages

Revision as of 23:09, 4 November 2013

‘Full Faith and Credit’ obligations of the US Government issued by sale at periodic auctions, and delivered and cleared electronically.

Also known as 'treasuries'.

@@ Line 1: / Line 1: @@
-An option on a swap where the buyer of the option 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.
+‘Full Faith and Credit’ obligations of the US Government issued by sale at periodic auctions, and delivered and cleared electronically.
+Also known as 'treasuries'.
 == See also ==
-* [[Option]]
+* [[Treasury]]
-* [[Swap]]
+[[Category:Debt_Capital_Markets]]