1. OTC interest rate options are customized by dealers for their clients in terms of the expiration...

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1. OTC interest rate options are customized by dealers for their clients in terms of the expiration date, the underlying, and the type of exercise.

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Measuring And Controlling Interest Rate And Credit Risk

ISBN: 9780471268062

2nd Edition

Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry

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Question Posted: Oct 23, 2024 10:01 AM

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1. OTC interest rate options are customized by dealers for their clients in terms of the expiration date, the underlying, and the type of exercise.
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2. An OTC option can be created in which the buyer may exercise prior to the expiration date but only on designated dates (so called modified American or Atlantic or Bermuda options).
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1. OTC interest rate options are customized by dealers for their clients in terms of the expiration...

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Measuring And Controlling Interest Rate And Credit Risk

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