Forward Rate Agreement (FRA) A formal agreement to lend or borrow funds at an interest rate determined at present. The actual borrowing or lending is carried out on a predetermined future date. … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Forward Rate Agreement (FRA) A formal agreement to lend or borrow funds at an interest rate determined at present. The actual borrowing or lending is carried out on a predetermined future date. … [Read more...]