Understand what a Forward Rate Agreement (FRA) is, how it benefits financial planning, and why businesses use it to hedge against interest rate changes.
Explore the concept of tenor in financial terminology, distinguishing it from maturity, and examine its impact on risk management and investment strategies.
Dive into the mechanics of Forward Rate Agreements (FRAs), an essential financial instrument for hedging interest rates in future financial transactions. Learn how FRAs can secure your borrowing costs and manage risk effectively.