An FRA is a contract that lets the buyer (who is long the rate) lock-in an interest (borrowing) rate. In this example, the FRA buyer locks in LIBOR at 3%
Duration : 0:8:52
Posts Tagged ‘income’
Forward rate agreement (FRA)
Tuesday, March 9th, 2010the decline of the american empire
Monday, February 8th, 2010
Max Keiser talks to Stacy Herbert about the end of the american empire, the federal reserve bank, unemployment rate, income tax, China opium wars, us dollar, uk pound, aaa rating triple a, inflation, Peter Schiff decoupling theory
recorded on May 23rd 2009
Duration : 0:10:45