If I wish to borrow money for 3 months, the interest rate is likely to be different - possibly higher and possibly lower - from what the rate would be if I wished instead to borrow for 6 months. The "[...]" is a graph showing how interest rates vary with term to maturity.
If I wish to borrow money for 3 months, the interest rate is likely to be different - possibly higher and possibly lower - from what the rate would be if I wished instead to borrow for 6 months. The "[...]" is a graph showing how interest rates vary with term to maturity.
If I wish to borrow money for 3 months, the interest rate is likely to be different - possibly higher and possibly lower - from what the rate would be if I wished instead to borrow for 6 months. The "[...]" is a graph showing how interest rates vary with term to maturity.
Answer
yield curve (cash curve)
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Open it If I wish to borrow money for 3 months, the interest rate is likely to be different - possibly higher and possibly lower - from what the rate would be if I wished instead to borrow for 6 months. The "yield curve" is a graph showing how interest rates vary with term to maturity.