A dealer does the following buy/sell-back. What is the forward price (to six decimal places)?
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a dealer does the following buy sell back what is the forward price to six decimal p 600422
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18 April 2009 |
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Maturity date: |
18 July 2009 |
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Repo rate: |
5.52% |
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Security: |
€200 million 8% BTAN |
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Previous coupon date: |
6 June 2008 |
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Clean price of bond at start: |
103.42 |
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Haircut: |
2.5% |
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