What does interest rate guarantee mean?
Definitions for interest rate guarantee
in·ter·est rate guar·an·tee
This dictionary definitions page includes all the possible meanings, example usage and translations of the word interest rate guarantee.
Wikipedia
Interest rate guarantee
An interest rate guarantee (IRG) is an option on a forward rate agreement (FRA) that is handled over-the-counter (OTC). A call IRG is called a borrower's IRG. A put IRG is called a lender's IRG. As with all options, the seller has the obligation to fulfill the condition of the option. When exercising a borrower's IRG, the holder has the option (but is not obliged) to take a loan with a predetermined amount at a predetermined interest rate (the strike of the option) on a predetermined time period. When exercising a Lender's IRG, the holder has the option (but is not obliged) to make a loan with a predetermined amount at a predetermined interest rate (the strike of the option) on a predetermined time period.
Numerology
Chaldean Numerology
The numerical value of interest rate guarantee in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of interest rate guarantee in Pythagorean Numerology is: 3
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"interest rate guarantee." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/interest+rate+guarantee>.
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