20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

forward rate agreement and forward rate contract

This topic has 1 reply, 2 voices, and was last updated 13 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 29, 2011 at 12:08 pm #48738
Anonymous
Inactive
- Topics: 9
- Replies: 12
Please, what is the difference between a forward rate agreement and a forward rate contract?
May 29, 2011 at 4:23 pm #82628
John Moffat
Keymaster
- Topics: 57
- Replies: 54479
We usually use the phrase forward rate agreement when we are fixing an interest rate. Forward rate contract is when we are fixing an exchange rate for foreign currency. (It will be clear from the question though anyway)
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.