To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
.
Leo
Newton
Brights
Milds

Year-on-Year Inflation-Indexed Swap

From Wikipedia, the free encyclopedia

The Year-on-Year Inflation-Indexed Swap (YYIIS) is a standard derivative product over Inflation rate. The underlying is a single Consumer price index (CPI).

It is called Swap because each year there is a swap of a fixed amount against a floating amount. But in reality only a one way payment is made (fixed amount - floating amount).

YouTube Encyclopedic

  • 1/3
    Views:
    716
    107 485
    68 393
  • ✪ Episode 054: How To Trade Inflation
  • ✪ Inflation data | Inflation | Finance & Capital Markets | Khan Academy
  • ✪ Calculating real return in last year dollars | Inflation | Finance & Capital Markets | Khan Academy

Transcription

Detailed flows

  • Each year, at time
    • Party B pays Party A the fixed amount
    • Party A pays Party B the floating amount

where:

  • K is the contract fixed rate
  • N the contract nominal value
  • M the number of years corresponding to the deal maturity
  • i the number of years (0 < i <= M)
  • is the fixed-leg year fractions for the interval [Ti−1, Ti]
  • is the floating-leg year fractions for the interval [Ti−1, Ti]
  • is the start date
  • is the time of the flow i
  • is the maturity date (end of the swap)
  • is the inflation at start date (time )
  • is the inflation at time of the flow i (time )
  • is the inflation at maturity date (time )

See also

This page was last edited on 21 September 2018, at 09:54
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.