I ivanbaj May 18, 2009 #1 Which instrument tracks Libor? Many adjustable mortgages are based on it. The rate is very low right now. I want to lock this tare via a hedge.
Which instrument tracks Libor? Many adjustable mortgages are based on it. The rate is very low right now. I want to lock this tare via a hedge.
I ivanbaj May 18, 2009 #3 I found this info: "The Chicago Mercantile Exchange's Eurodollar contracts are based on three-month US dollar LIBOR rates." The Eurodollar might be the best for this.
I found this info: "The Chicago Mercantile Exchange's Eurodollar contracts are based on three-month US dollar LIBOR rates." The Eurodollar might be the best for this.
