Interest rate option and Intersection: Difference between pages

Revision as of 14:20, 22 August 2013

Data presentation.

The point at which one line or curve crosses (intersects with) another.

@@ Line 1: / Line 1: @@
-(IRO).
+''Data presentation''.
-An option relating to interest rates.
+The point at which one line or curve crosses (intersects with) another.
-Historically this was the right but not the obligation to borrow/lend a specified amount at a specified rate for a specified period.
-More commonly in practice the option is cash-settled based on the difference between the option strike rate and the current market rate.
 == See also ==
-* [[Interest rate]]
+* [[Intercept]]
-* [[Interest rate guarantee]]
-* [[Option]]
-[[Category:Manage_risks]]