单词 | 利率上下限期权 |
释义 | 利率上下限期权 Collar 指结合利率上限(cap)和利率下限(floor)的期权,将利率限定在一个固定的区间。金融机构向贷款者出售利率上限期权,同时向其买入利率下限期权。如果两笔期权费(premium)相等,则双方皆不必付出期权费。 参见Cap(利率上限期权),Derivatives(金融衍生工具),Floor(利率下限期权)。 A derivative instrument which fixes interest payments within a certain range by combining a long cap and a short floor. The premium generated from the sale of the floor may completely or partly finance the premium to be paid for the cap. "See also: Cap, Derivatives, Floor" |
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