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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. 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. Of course, the seller has the obligation to fulfill the condition of the option. == External links == *http://www.accaglobal.com/pdfs/studentspdfs/dipfmtext2005_subject04.pdf 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Interest rate guarantee」の詳細全文を読む スポンサード リンク
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