What are forward rates? What are forward rate agreements? What is an FRA?

What are forward rates? What are forward rate agreements? What is an FRA?

Published: September 20, 2026

Duration: 8:23

In todays video we will learn about forward interest rates and a derivative called a forward rate agreement or FRA.

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What are Forward Rates?

A forward rate is an interest rate implied for periods of time in the future by zero-coupon bonds. For example, the market implied yield on a...