FRA 2 x 8 periods, months, someone

ashycal

2 months to expiration over a total of 8 periods? can someone elaborate thx

burnsy562000

2 X 8 FRA = 180 day(6 month) LIBOR, 60 days (2 months) from now

and the 8 stands for 8 months until the end of the interest rate period (2 + 6 = 8)