| Derivatives Introduction |
| Types of Derivatives |
| Equity Derivatives |
| Credit Derivatives |
| Fixed Income |
| Interest Rate Derivatives |
| Foreign Exchange Derivatives |
Interest Rate Derivatives
An interest rate derivative is a derivative where the underlying asset is the
right to pay or receive a (usually notional) amount of money at a given
interest rate.
Or in other words the interest rate derivatives can be described as
“An Interest Rate Derivative is a derivative where the underlying asset
is the right to pay or receive an amount (usually notional) of money at
decided upon interest rate mechanism".
Types of Interest Rate Derivatives are