Given:
Spot GBP USD 1.9845/1.9855
USD Interest Rate 4.1250–4.3750% p.a.
GBP Interest Rate 5.8750–6.1250% p.a.
Calculate Swap Points for 3 months.
(Ans.: 98/70)
Given:
Spot GBP USD 1.9845/1.9855
USD Interest Rate 4.1250–4.3750% p.a.
GBP Interest Rate 5.8750–6.1250% p.a.
Calculate Swap Points for 3 months.
(Ans.: 98/70)
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