求助level2 Interest Rate Derivative Instruments里面call on LIBOR是什么意思？ different, interest, position, actually, agreement

nononon

The buyer of a cap has a position similar to that of a buyer of a call on LIBOR, both of whom benefit when interest rates rise. Because an interest rate cap is a multi-period agreement, a cap is actually a portfolio of call options on LIBOR called caplets. For example, the 2-year cap discussed above is actually a portfolio of eight interest rate options with different maturity dates.

call on Libor，是买了个什么？谢谢！

adjani.zhang

回复 1# nononon

按照合约中规定的LIBOR利率借钱，如果该合约利率 < 市场融资利率