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To manage their exposure, the bank bought a swaption that would allow it to lock in future funding costs.
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To manage their exposure, the bank bought a swaption that would allow it to lock in future funding costs.
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Related words
swaption
Noun
Japanese Meaning
（金融）保有者に金利スワップへの参加権（オプション権）を与える金融派生商品の一種 / （金融）より広義には、任意の種類のスワップに対するオプション
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