Question
An Australian 90-day bank bill was reported as having traded at a yield of 6.45% pa. Simultaneously, a 120-day bank bill was also reported as
An Australian 90-day bank bill was reported as having traded at a yield of 6.45% pa. Simultaneously, a 120-day bank bill was also reported as having traded at a yield of 6.45% pa. The forward rate, f90, f120, expressed as a compound interest rate pa, is closest to?
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The Sterling Bonds And Fixed Income Handbook
Authors: Mark Glowrey
1st Edition
0857190423, 978-0857190420
