offering a fixed-price forward contract to provide electricity that it purchases from a potentially volatile and unpredictable fledgling spot energy market. One... Woo, Chi-Keung,I Horowitz,K Hoang - 《Energy Economics》 被引量: 132发表: 2001年 Systems and methods for pricing and selling digital...
3. Forward curve:spot curve向上倾斜,forward curve在它上方(反之也成立,但不能推出forward curve也向上倾斜),且起点开始越晚,forward curve越靠上。 4. Par rate:price at par,par rate = YTM = coupon rate 其中对于一年期债券(付息一次):par rate = spot rate(一年) 5. YTM:实际收益=YTM的三个前提:...
A forward contract is a derivative instrument used to speculate or hedge fixed income price movements. At initiation, parties of the contract agree on a delivery price – the price at which to exchange the fixed income instrument for on the future date. Forward contracts are similar to futures ...
To calculate the price of a fixed income forward contract you subtract thepresent value (PV)of coupon payments, over the life of the contract, from the bond price. This value is compounded by the risk-free rate over the life of the option. Therisk-free raterepresents the interest an inves...
Twitter Google Share on Facebook FFP (redirected fromFirm Fixed Price) Category filter: AcronymDefinition FFPFinancial Fair Play(football regulations; EU) FFPFederal Financial Participation FFPFresh Frozen Plasma FFPFirm-Fixed-Price(Contract) FFPFamily Friend Poems(website) ...
athe fixed lump-sum-firm contract price shall not be adjusted or altered in any way whatsoever except in accordance with the express provisions hereof and the conditions of contract. 固定的团总和牢固的合同价格不会在任何情况下于此被调整也不会被修改除了与明文规定符合和合同条件。[translate]...
enter into a short position in a fixed-income forward contract , 这个指的是债券远期合约的空头。和期权没有关系。 这道题最后问的是远期合约(forward contract)的price,那也就是在问你F0(T)是多少。这个F0(T)就是0时刻确定好的,在期末的交割价格,同时也是0时刻的远期价格。 Present value (PV) of coup...
aSuppose an exposure is collateralised by a 15-year government bond with an effective price volatility of 6% (for example, this would correspond to an interest rate volatility of 0.5% and bond duration of 12 years, assuming zero credit spread volatility). Over a 10-day period, the worst ...
This article describes time and materials (TM) contract vs fixed price (FP) principles. Find out which type of contract is better for your project.
The spot price is the current market price at which a currency pair is bought or sold for immediate payment and delivery. Types of forward contracts The main types of forward contracts we offer are fixed, window and flexible forward contracts. These are outlined below: ...