IndigoLearn | CA CMA CFA on Instagram: "70/100 - AFM Concepts - Swaptions, Payer / Receiver Swaptions A Payer Swaption is one in which the buyer agreed to pay fixed and receive floating in the swap. This swap will be entered into at the option of the buyer after a defined time period. Swaptions are priced in basis points and are cash settled. Follow us to know more such 2-minute key concepts of AFM CA Final!! Looking to enroll in CA Final AFM, click on the link below https://www.1fin.in/AFM Link

The Wall Street Skinny on Instagram: "If you're not used to thinking in interest rate terms and you're just trying to wrap your head around the fact that bonds have an inverse price/yield relationship, this can be a tricky one. A corporation issuing fixed rate debt in the future wants rates to rally between now and the deal pricing, which means they are LONG rates. Why say "rates rally" rather than "go down"? 1). It gets really confusing when talking about rates when you say "go up" or "go down"