An option on a forward rate agreement that gives the holder the right, without the obligation, to buy an FRA…
A position in successive Eurodollar (ED) futures contracts. For example, a Eurostrip may be constructed by taking a long position…
An option on a forward rate agreement (FRA) that gives the holder the right, without the obligation, to buy an…
The interest rate at which a forward rate agreement (FRA) is traded. In other words, it is the agreed rate...
It stands for long-dated forward rate agreement; a forward rate agreement (FRA) where the is more than one year in...
The interest rate at which a forward rate agreement (FRA) is traded. In other words, it is the agreed rate...
A forward rate agreement (FRA) in which the notional principal amount is denominated in a currency other than the currency...
One payment/ trade of a series of swap payments or forward rate agreement (FRA) trades. Each swaplet starts when the...
FRA, for short, is an over-the-counter (OTC) agreement to apply a certain interest rate to either lending or borrowing a...
A derivative or fixed-income security which features high convexity, i.e., its sensitivity changes with the passage of time or with...