Interest rate cap floor straddle
11 Aug 2019 Interest rate floors are utilized in derivative contracts and loan agreements. This is in contrast to an interest rate ceiling (or cap). This financial instrument is primarily used by borrowers of floating rate debt in situations where short term interest rates are expected to increase. Rate caps can be 13 Jan 2020 *Unless otherwise specified when dealing, the CSA default currency for Cap/ Floor Straddles will be. AUD, with any premium adjustment agreed