What are interest rate futures
Jun 12, 2019 The demise of Libor has set off a battle for market share in futures referencing new risk-free rates. In this paper, we develop a theoretical (arbitrage) pricing model for a Eurocurrency interest rate futures contract and measure its hedging effectiveness . PDF | Interest rate derivatives are the most traded and widely accepted derivative instrument in the international market. But this product is not | Find, read and