Archie · 2022年05月07日
NO.PZ2020021204000028
问题如下：
Give two reasons for differences between a Eurodollar futures rate and the corresponding forward rate in an FRA.
解释：
The futures contract is settled daily, and final settlement is at the beginning of the period covered by the interest rate, not at the end.
可以麻烦老师大概翻译一下嘛
NO.PZ2020021204000028 问题如下 Give two reasons for fferences between a Eurollfutures rate anthe corresponng forwarrate in FR The futures contrais settleily, anfinsettlement is the beginning of the periocoverethe interest rate, not the en The futures contrais settleily, 前半句是不是在说欧洲美元期货是每天结算的anfinsettlement is the beginning of the periocoverethe interest rate, not the en后半句是不是说ForwarFRA是在beginning 就直接作最终结算（ finsettlement）
finsettlement is the beginning of the periocoverethe interest rate, not the en我理解 欧洲美元期货是在T时刻结算，难道错了？
