{"id":166001,"date":"2022-05-06T15:49:58","date_gmt":"2022-05-06T15:49:58","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/volatility-bootstrapping\/"},"modified":"2022-05-06T15:50:01","modified_gmt":"2022-05-06T15:50:01","slug":"volatility-bootstrapping","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/volatility-bootstrapping\/","title":{"rendered":"Volatility Bootstrapping"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>A bootstrapping method used to value caps and floors by bootstrapping out the spot volatility for each caplet or floorlet. The volatility used in valuing each caplet using the Black model is called the ?spot volatility&#8221;, and is the volatility of the forward rate. See also Bootstrap.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4263],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/166001"}],"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=166001"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=166001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}