知识与财富的链接
讨论了短期利率期货的套利定价与基差的基本原理,比较分析了期货价格与ＦＲＡ（远期利率协议）的行为,探讨了价差头寸问题。
This paper discussed the basic principle of arbitrage pricing and basis of short term interest rate futures,compared the futures prices and FRAs (forward rate agreemeets) and analysed spread positions.