I am pretty new to fixed income and came across to a product called Inverse Super Floater. I am wondering, what are the components of this product assuming issue price of 100 (redemption amount of 100 at maturity) and coupon with the payoff of Max (0, [1.40% -2 x LIBOR]) paid semi-annually.

  • $\begingroup$ What do you mean by components? $\endgroup$ – Bob Jansen Mar 27 at 19:23
  • $\begingroup$ Sorry for maybe being a bit unclear. Rephrasing my question: With what instruments could one replicate the mentioned payoff of the product. $\endgroup$ – Frank.T Mar 28 at 10:41

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