SDX Interest Rates Help > What SDX Interest Rates Calculates > Normal Vega

Normal Vega

The normal vega result displays the change in the instrument’s value if the See "Market Normal Vol " is shifted by 1bp.

The normal vega result is displayed for the following instruments:

Cap/floor

General cap/floor

Cap strategies (straddle, collar, strangle, spread)

Swaption (based on either a vanilla swap or a general swap)

Swaption strategy (straddle, collar, strangle, spread)