| 1 | /* -*- mode: c++; tab-width: 4; indent-tabs-mode: nil; c-basic-offset: 4 -*- */ |
| 2 | |
| 3 | /* |
| 4 | Copyright (C) 2000, 2001, 2002, 2003 RiskMap srl |
| 5 | Copyright (C) 2003, 2004, 2005, 2006, 2007 StatPro Italia srl |
| 6 | Copyright (C) 2006, 2008 Ferdinando Ametrano |
| 7 | |
| 8 | This file is part of QuantLib, a free-software/open-source library |
| 9 | for financial quantitative analysts and developers - http://quantlib.org/ |
| 10 | |
| 11 | QuantLib is free software: you can redistribute it and/or modify it |
| 12 | under the terms of the QuantLib license. You should have received a |
| 13 | copy of the license along with this program; if not, please email |
| 14 | <quantlib-dev@lists.sf.net>. The license is also available online at |
| 15 | <http://quantlib.org/license.shtml>. |
| 16 | |
| 17 | This program is distributed in the hope that it will be useful, but WITHOUT |
| 18 | ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS |
| 19 | FOR A PARTICULAR PURPOSE. See the license for more details. |
| 20 | */ |
| 21 | |
| 22 | /*! \file vanillaswap.hpp |
| 23 | \brief Simple fixed-rate vs Libor swap |
| 24 | */ |
| 25 | |
| 26 | #ifndef quantlib_vanilla_swap_hpp |
| 27 | #define quantlib_vanilla_swap_hpp |
| 28 | |
| 29 | #include <ql/instruments/fixedvsfloatingswap.hpp> |
| 30 | #include <ql/time/daycounter.hpp> |
| 31 | #include <ql/time/schedule.hpp> |
| 32 | #include <ql/optional.hpp> |
| 33 | |
| 34 | namespace QuantLib { |
| 35 | |
| 36 | class IborIndex; |
| 37 | |
| 38 | //! Plain-vanilla swap: fix vs ibor leg |
| 39 | /*! \ingroup instruments |
| 40 | |
| 41 | If no payment convention is passed, the convention of the |
| 42 | floating-rate schedule is used. |
| 43 | |
| 44 | \warning if <tt>Settings::includeReferenceDateCashFlows()</tt> |
| 45 | is set to <tt>true</tt>, payments occurring at the |
| 46 | settlement date of the swap might be included in the |
| 47 | NPV and therefore affect the fair-rate and |
| 48 | fair-spread calculation. This might not be what you |
| 49 | want. |
| 50 | |
| 51 | \test |
| 52 | - the correctness of the returned value is tested by checking |
| 53 | that the price of a swap paying the fair fixed rate is null. |
| 54 | - the correctness of the returned value is tested by checking |
| 55 | that the price of a swap receiving the fair floating-rate |
| 56 | spread is null. |
| 57 | - the correctness of the returned value is tested by checking |
| 58 | that the price of a swap decreases with the paid fixed rate. |
| 59 | - the correctness of the returned value is tested by checking |
| 60 | that the price of a swap increases with the received |
| 61 | floating-rate spread. |
| 62 | - the correctness of the returned value is tested by checking |
| 63 | it against a known good value. |
| 64 | */ |
| 65 | class VanillaSwap : public FixedVsFloatingSwap { |
| 66 | public: |
| 67 | VanillaSwap(Type type, |
| 68 | Real nominal, |
| 69 | Schedule fixedSchedule, |
| 70 | Rate fixedRate, |
| 71 | DayCounter fixedDayCount, |
| 72 | Schedule floatSchedule, |
| 73 | ext::shared_ptr<IborIndex> iborIndex, |
| 74 | Spread spread, |
| 75 | DayCounter floatingDayCount, |
| 76 | ext::optional<BusinessDayConvention> paymentConvention = ext::nullopt, |
| 77 | ext::optional<bool> useIndexedCoupons = ext::nullopt); |
| 78 | |
| 79 | private: |
| 80 | void setupFloatingArguments(arguments* args) const override; |
| 81 | }; |
| 82 | |
| 83 | } |
| 84 | |
| 85 | #endif |
| 86 | |