There are 2 formulas Forward on Bonds = [Spot - PV (coupons)] * (1+rf)^t Futures on Treasuries = Spot (1 + rf)^ - Future value of coupons One is using FV and other using PV, are they both same?
just did an example, turns out to be the same. wow. my brain is really slow and is going to explode!!
pepp: chillax dude…just have some faith in yourself. You have been pretty active on AF in past couple of days…won’t hurt to take some time off and go for a short stroll…