OTC Interest Rate Floor Option Contract
From Open Risk Manual
Definition
OTC Interest Rate Floor Option Contract.
Issues and Challenges
Definition and editorial note against the property 'strike effect' for this class (property is now a restriction): The Observable rate is to be subtracted from the Strike rate on the reset date, to determine the settlement amount. Floor: I am an investor and I am specifying the minimum return I will get for that investment.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "OTC Interest Rate Floor Option Contract"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/RateDerivatives/IROptions/index-en.html + |
