Time is a crucial resource that each enterprise treasures and tries to change into a benefit. When picking document management application, pay attention to a clutterless and user-friendly interface that empowers consumers. DocHub gives cutting-edge features to enhance your file management and transforms your PDF file editing into a matter of a single click. Remove Smart Field to the Hedging Agreement with DocHub in order to save a lot of efforts and improve your productivity.
Make PDF file editing an easy and intuitive operation that will save you plenty of valuable time. Easily alter your documents and send them for signing without the need of switching to third-party options. Give attention to pertinent duties and increase your file management with DocHub today.
in this video we are going to work through three examples where were going to hedge fras using euro dollar futures contracts so were going to see the relationship between fras and the euro dollar futures contract for our first example were going to look at the following fra so weve got a million dollar notional weve agreed a rate of 3.29 percent the 90-day loan from counterparty a to counterparty b it starts on the 18th of march 2020 on a euro dollar deposit rate were in dollars so thats going to be an actual over 360 rate so weve got two counterparties a and b and a starts by lending money a million dollars on the 18th of march 2020 to counterparty b b returns that million dollars plus interest and we can check that interest calculation that should be 0.1 million times 0.0329 times 90 over 360. so thats 825 dollars in interest now we can value this fra assuming today is the 5th of october 2018 the days until the start date is 530 and the days until the end date is 530 plus 90
