论文部分内容阅读
远期合约(forward contracts),又称远期合同,是指合约双方在未来的交易成交前,就交易的内容(如某种外汇)、价格(如汇率)、数量及交割的期限等达成的协议。例如,某公司从外汇经纪银行买入1000万马克远期,远期汇率为1.5611DM/US1,期限三个月。合约到期日,公司将支付640万美元,收到1000万马克。此时,不管马克汇率如何变动,买卖双方都必须按事先约定的汇率进行交割。
Forward contracts, also called forward contracts, refer to the contractual content (such as certain foreign exchange), the price (such as the exchange rate), the quantity and the delivery deadline of the transaction before the future transaction is concluded between the two parties protocol. For example, a company buys a long-term mark of 10 million marks from a foreign exchange brokerage bank with a forward exchange rate of 1.5611 DM / US1 for a period of three months. The contract expires, the company will pay 6.4 million US dollars, received 10 million marks. At this point, no matter how the mark exchange rate changes, both buyers and sellers must be delivered at the agreed exchange rate.