IR Caplet Resulting state following exercise arrange { val floating = interest(notional, "act/365", 0.67, "2016-04-01", "2016-10-01") val fixed = interest(notional, "act/365", 0.5, "2016-04-01", "2016-10-01") highStreetBank.owes(acmeCorp, floating - fixed, GBP) } Reduces to obligation UNRESTRICTED 96