Price-Based Option

外汇网2021-06-19 20:56:42 119

A derivative financial instrument in which the underlying asset is a debt security. Typically, these options give their holders the right to purchase or sell an underlying debt security (usually a bond) or to receive cash payment based on the current value of the underlying debt security.

|||This unique type of option has been traded in the past, but is rarely traded in modern financial markets. The yield-based option is a a more commonly traded relative of the priced-based option.

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