Sözleşmeler
vadeli faiz orani anlasmasi
İngilizce: forward rate agreement
Türkçe Tanım
Iki tarafin belirli bir gelecek donem icin nominal bir anapara tutarina uygulanan sabit faiz orani ile referans degisken faiz orani arasindaki farki degistirmeyi kabul ettigi tezgah ustu turev sozlesmesidir. Vadeli faiz orani anlasmaalri gelecekteki faiz orani hareketlerine karsi korunmak veya spekülasyon yapmak icin kullanilir. Takas genellikle sozlesme doneminin basinda anapara degisimi olmaksizin net nakit bazda yapilir.
English Definition
An over-the-counter derivative contract in which two parties agree to exchange the difference between a fixed interest rate and a reference floating rate applied to a notional principal amount for a specified future period. FRAs are used to hedge against or speculate on future interest rate movements. Settlement is typically on a net cash basis at the beginning of the contract period, with no exchange of principal.