" EURO Dollar futures are priced at discount yield and LIBOR based deposits are priced as an add on yield. The result is that deposit value is not perfectly hedged by EURO Dollar contract, so Eudo dollar future cannot be priced using the standard no arbitrage framework" Can anyone explain what is meant by add on yield? Also an explaination of above would be appreciated…Thanks
search for a post by thadim a couple of months ago.
Can anyone help in searching the post by thadim/ with explaination
use the search function. if you cannot, no one can help you!
Damn CP I didn’t know you were an expert web admin too!!! 
i also wrote something about it…search my name, you will find what you nned to know ury