The current US Treasury bill rate is 0.19% per annum and the Australian Treasury bill rate is

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The current US Treasury bill rate is 0.19% per annum and the Australian Treasury bill rate is 3.1% per annum. The spot rate in Sydney is USD0.8299 per 1AUD i.e. AUD/USD 0.8299. The 3-month forward rate is currently USD0.8319 per 1AUD.

Is the USD at a forward premium or discount?

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Jun 13, 2023 12:34 AM

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The current US Treasury bill rate is 0.19% per annum and the Australian Treasury bill rate is

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Fundamentals of Financial Management

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