The outright rate is the spot rate adjusted by the points of discount or premium.
"The term "forward outright rate"or "just outright rate"is frequently used to make clear that one refers to the forward rate and not to the forward differential."
The outright rate is the spot rate adjusted by the points of discount or premium.
"The term "forward outright rate"or "just outright rate"is frequently used to make clear that one refers to the forward rate and not to the forward differential."