Range Accruals

This Issue in United States

Range Accruals

Concept of Range Accruals in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specified range. As such, there is no standard coupon rate that can be counted on for interest payments.

Resources

See Also

• Derivatives Contract