Figuring the Tail

Figuring the Tail
Calculation of yield of a future money market instrument that is purchased at a time when such security arises from a purchase of an existing instrument and using a term repurchase to fund the beginning portion of the security’s term.

Related posts:

  1. Tail
  2. Money Market Fund
  3. Futures Contract
  4. Repurchase Agreement
  5. Saving Money

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