Introduction to Forward Rate Agreement (FRA) Product and Valuation

A forward rate agreement, or FRA, is a forward contract between two parties in which one party will pay a fixed rate while the other party will pay a reference interest rate for a set future period. This presentation provides an introduction to FRA product... More

A forward rate agreement, or FRA, is a forward contract between two parties in which one party will pay a fixed rate while the other party will pay a reference interest rate for a set future period. This presentation provides an introduction to FRA product and valuation at http://www.finpricing.com/lib/IrFra.html Less