Discover the BGM Model's role in pricing interest rate derivatives using LIBOR rates. Learn its applications, advantages, and insights for swaptions and caplets.
Interested to learn about the Environmental and Social Framework (ESF)? The World Bank offers an online course entitled “ESF Fundamentals” aimed at environmental and social practitioners who are ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...