Consider a forward rate agreement (FRA) with current, expiry an... | Filo
Consider a forward rate agreement (FRA) with current, expiry an... | Filo
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David posted a new YouTube video discussing Forward Rate Agreements. "A forward rate agreement (FRA) is a loan that starts in the future ("forward start loan") but where principal is not lent; instead, the notional is referenced to determine the interest paid. The FRA contract specifies a fixed rate of interest. The seller (buyer) is lending (borrowing) at the fixed rate." View the full video on our YouTube channel: https://youtu.be/RVyHXdHqBrM | Bionic Turtle
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