PRODUCT INFORMATIONThere are two applications in this section for pricing American-style bond options and European-style bond options. The descriptions in this section are brief. Click on the respective application link button to get to the application site, then click on the valuation procedure link for more details.
American-style bond options. These are options on a fixed rate bond that can be exercised at any time prior to expiry.
European-style bond options. These are options on a fixed rate bond that can only be exercised at expiry.
