forward rate agreement การใช้

*"'swaps, forward rate agreements, exotic options and other exotic derivatives are almost always traded in this way.
There is an arbitrage relationship between the interest rate swap market, the forward rate agreement market and the Eurodollar contract.
Other parties that use Forward Rate Agreements are speculators purely looking to make bets on future directional changes in interest rates.
A forward rate agreement, or FRA, is a futures contract that allows investors to effectively take out an insurance policy against higher short-term interest rates.
A single Eurodollar future is similar to a forward rate agreement to borrow or lend US $ 1, 000, 000 for three months starting on the contract settlement date.