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- UID
- 222325
- 帖子
- 366
- 主题
- 5
- 注册时间
- 2011-7-2
- 最后登录
- 2015-1-15
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Spot = Forward + Bond
Cash and Carry (buy spot, sell synthetic)
Buy the Spot
Pay interest on loan to buy spot
Sell the forward
Reverse Cash and Carry (buy synthetic, sell spot)
Sell the spot
Take short proceeds and invest in bond
Buy the forward
The loan proceeds are always at the forward amount at delivery. |
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发表于 2011-7-11 19:58
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