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- 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.
We couldn't find any anagrams for the word interest rate guarantee.
Maybe you were looking for one of these terms?
interepimeral, interepithelial, interequinoctial, interessee, interest, interested, interestedly, interestedness, interester, interesting
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"interest rate guarantee." Anagrams.net. STANDS4 LLC, 2024. Web. 21 May 2024. <https://www.anagrams.net/interest%20rate%20guarantee>.
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