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What does the Futures Interest Rate Agreement (FRA) mean?
Future interest rate agreement?

Future interest rate agreement

example sentence

Forward interest rate agreement/FRA a forward contract that stipulates that interest rates will be paid at a future date. Similar to futures, but more flexible in date.

Forward interest rate agreement /FRA provides for a futures contract to pay a certain interest rate at a future date. Similar to futures, but more flexible in date.

It is particularly noteworthy that interest rates will be more flexible in the future and the market will accelerate.

It is particularly noteworthy that the future rate will be more flexible and its marketization pace will gradually approach.

In each rate table, up to 25 lines can be used to enter future rate changes, such as salary increase or material upgrade.

In each rate table, you can use up to 25 lines to enter future rate changes, such as rate increase or material variety improvement.