Main category
Economics (General Management)
Abstract
An American style call option on bond yield is a binding agreement between two parties as to the terms of the transaction to which this contract relates. In addition, two parties agree to use all reasonable efforts promptly to negotiate, execute and deliver an agreement in the form of the ISDA Master Agreement, with such modifications as we in good faith agree.
Further reading
https://ia904700.us.archive.org/14/items/bondAmericanOption/bondAmericanOption.pdf
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