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  4. Terms Beginning With S
  5. Short-Term Interest Rate Future

Short-Term Interest Rate Future

Definition of 'Short-Term Interest Rate Future'

The three-month sterling interest rate future contract traded on LIFFE. Notional fixed-term deposits for three-month periods starting at a specified time in the future.

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Related Terms

Short SterlingMatching PrincipleExpectations Hypothesis of the Term Structure of Interest Rates (Yield Curve)Discount RateFlat RateVariable Rate BondRolled-Over OverdraftAccrued InterestDiscount FactorAnnualise Percentage Rate of InterestInterest Rate Parity of Exchange Rate DeterminationBond LendingFX SwapForward-Rate AgreementTerm Structure of Interest RatesRisk-Free Rate of ReturnCommercial BillCapital Account (Balance of Payments)Commercial Paper (CP)Filter Approach fo Investment

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