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Re: swaption surface

Posted by Nils Tobias Kramer on Mar 26, 2015; 9:52pm
URL: http://quantlib.414.s1.nabble.com/swaption-surface-tp16362p16408.html

>From my experience: swaption strikes are almost always given in relative terms.

Toby

> On 26.03.2015, at 22:07, "Grison PG Pierre (External DEXIA-US)" <[hidden email]> wrote:
>
> Hello,
>
> Do you know if there is a reason for:
>
> Rate minStrike() const { return 0.0; }
> Rate maxStrike() const { return 1.0; }
>
> I have the feeling the strikes are expressed as spreads from the spot swap rate but I should be wrong. If have strikes such as -3bps (real strike = spot rate -3bps), -2bps, ..., +3bps and so on, should I convert them before using quantlib?
>
> Pierre
>
>
>
>
> -----Original Message-----
> From: Peter Caspers [mailto:[hidden email]]
> Sent: Friday, March 13, 2015 10:43 AM
> To: Grison PG Pierre (External DEXIA-US)
> Cc: [hidden email]
> Subject: Re: [Quantlib-users] swaption surface
>
> Hi Pierre,
>
> SwaptionVolCube1 (SABR) and SwaptionVolCube2 (linearly interpolated) are the available choices in the production branch, both located in ql / termstructures / volatility / swaption
>
> Best regards
> Peter
>
>
>> On 13 March 2015 at 15:28, Grison PG Pierre (External DEXIA-US) <[hidden email]> wrote:
>> Hello all,
>>
>>
>>
>> What is the best way in QuantLib to define, for a given tenor, a
>> swaption volatility surface such as vol=f(maturity,strike) ?
>>
>>
>>
>> Many thanks,
>>
>>
>>
>> Pierre
>>
>>
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by Intel and developed in partnership with Slashdot Media, is your hub for all
things parallel software development, from weekly thought leadership blogs to
news, videos, case studies, tutorials and more. Take a look and join the
conversation now. http://goparallel.sourceforge.net/
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