Search results

Thank you so much for the prompt response! I took a look at the FRA example you sent, thanks a lot! I guess I must have confused you with my earlier question, though. I understand the LIBOR is a rate that provides percentages for a determined period of time. For example a 30-day LIBOR...

Hi David. I was intrigued by something as I watched your tutorial about FRAs. So I understand clearly how it works and what it is for. I was wondering, however, how do you actually calculate the stipulated rate? In your Excel example you locked in a 3% interest rate against the LIBOR, but I...