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plural Bermudans
A person from Bermuda or of Bermudian descent. examples
not comparable
Of, from, or pertaining to Bermuda, or the Bermudian peoples. examples
(finance, of an option) That can be exercised on specific dates between the issue date and the expiry date. quotations examples
This chapter focuses on the pricing of various exotic interest rate derivatives including Bermudan swaptions, constant maturity swaps, trigger swaps, index amortizing swaps, and quantos.
2005, Justin London, Modeling Derivatives in C++, John Wiley & Sons, page 710
A Bermudan callable has several call dates, usually coinciding with coupon dates.
2006, Business Knowledge for IT in Investment Banking: A complete handbook for IT Professionals (UK Edition), Essvale Corporation Limited, page 13
Multi-dimensional option pricing becomes an important topic in financial markets (Franker et al., 2008). Among which, the American-type derivative (e.g. the Bermudan option) pricing is a challenging problem.
2009, Shih-Feng Huang, Meihui Guo, Applied Quantitative Finance (Second Edition), Springer, page 295