{"id":165749,"date":"2022-05-06T15:48:05","date_gmt":"2022-05-06T15:48:05","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/momentum-cap\/"},"modified":"2022-05-06T15:48:07","modified_gmt":"2022-05-06T15:48:07","slug":"momentum-cap","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/momentum-cap\/","title":{"rendered":"Momentum Cap"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An interest rate cap in which the cap level is dependent on the last rate set for LIBOR. If LIBOR rises above a predetermined trigger in the rate set period, the cap strike for the remaining option is increased by a predetermined amount (up to a maximum level). Also known as ratchet cap and adjustable strike cap.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4255],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165749"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165749"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}