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Forward rate agreements (FRA) are over-the-counter contracts between parties that determine the rate of interest to be paid on an agreed upon date in the future. An FRA is an agreement to exchange an interest rate commitment on a notional amount. FRA is essentially a forward-starting loan, but with no exchanges of principal, so that only the difference in interest rates is traded. An FRA is a forward-dated loan, dealt at a fixed rate, but with no exchange of principal – only the interest applicable on the notional amount between the rate dealt and the actual rate prevailing at the time of settlement changes hands. So FRAs are off-balance sheet (OBS) instruments. By trading today at an interest rate that is effective at some point in the future, FRAs enable banks and corporates to hedge interest rate exposure. They may also be used to speculate on the level of future interest rates.Â
Mango is a sweet and juicy fruit with a distinctive flavor and aroma, and is rich in vitamins, minerals, and antioxidants. The temperature at which chi...
Pregnant cows, buffaloes should receive __Kg./day extra concentrate allowance during advance pregnancy to meet extra need of nutrients f...
Which of the following Nitrogen Fertilizer is partly soluble?
Which of the following is not an example of Manganese deficiency?
Hedging is the main feature of:
Deep burial of crop residue helps in controlling diseases by the following ways except
Match the following:
Organization                       Location
I. IIFSRÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â...
Small pelagic fish which are preyed on by larger predators for food is known as
AMI scheme is a demand driven with back ended credit linked subsidy scheme in which rate of subsidy provided is ___ and ___ based on the category of eli...
_________ is an internet-based interface/platform that will provide direct and effective solutions to the problems faced by farmers and stakeholders in ...