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Netting Jun-13

This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.

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December 4, 2015 at 1:22 pm #287521
brianh
Member
- Topics: 3
- Replies: 8
Hi John,
the hedging question on Kenduri includes interco netting. The settlements are in 3 months time but the examiner uses the mid spot rather than mid forward rate. Shouldn’t the forward rate be used or am i missing something?
thanks
Brian
December 4, 2015 at 2:49 pm #287557
John Moffat
Keymaster
- Topics: 56
- Replies: 51560
I think you have missed something 🙂
Read the last line of the first paragraph of the question 🙂
December 4, 2015 at 2:51 pm #287558
brianh
Member
- Topics: 3
- Replies: 8
ah, good spot (literally). thanks!
December 4, 2015 at 3:33 pm #287577
John Moffat
Keymaster
- Topics: 56
- Replies: 51560
You are welcome 🙂
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