Monthly Archives: January 2023

Forward rate agreement equivalent, commonly referred to as FRA equivalent, is a significant financial tool used to manage interest rate risk. FRA equivalent is a derivative contract, representing the interest rate that will be applicable on loans or deposits that will come into effect on a future date. It...

If you are looking to buy a property, you may have come across the term “agreement in principle”. This is a statement from a mortgage lender, such as Barclays, that indicates they would be willing to lend you a certain amount of money to buy a property. However, if...