标题: A forward contract question [打印本页] 作者: Sunshine4ever 时间: 2013-4-12 22:59 标题: A forward contract question
I do not know why the following statement is true. Is there someone could explain? Thank you very much.
The price of a 90day forward contract on a 90day Treasury bill will be above the current price of a 180day Tbill.作者: hoangvu90 时间: 2013-4-12 22:59
Above is correct. That relationship must exist for noarb condition作者: spartanag07 时间: 2013-4-12 22:59
Thank you very much. Now I see. I misunderstood the “PRICE” of 90day fwd contract, with “CURRENT VALUE” of it.作者: shootingstar 时间: 2013-4-12 22:59
Can someone explain this in a different way?
Thanks!
