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lock in rate

RRichard8y ago
Do i assume that lock in rate does not apply to interest rate futures?
John MoffatJohn MoffatTutor8y ago#1
No you don't. You can calculate a lock-in rate for interest rate futures in exactly the same way as for foreign currency futures. Futures prices move with LIBOR and so instead of using the current spot and the current futures price (as we do with foreign currency futures) you use the current futures price and the current LIBOR (expressed in the same terms as futures prices).
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