arthur09122021-06-26 12:53:39
老师,想问下这题用FRA签订的是不是利率互换?不然怎么会有浮动和固定利率之分?
回答(1)
Kevin2021-06-28 09:23:35
同学你好!
可以这么理解,具体可以参考原版书335页,或者如下:
An FRA involves two counterparties: the fixed receiver (short) and the floating receiver (long). Thus, being long the FRA means that you gain when Libor rises.
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