Assertion: rate parity | /r/HasProperty | a no-arbitrage condition
Facets:
value: in foreign exchange markets
type: LOCATION
Source sentences:
text: Interest rate parity is a no-arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.
text: Covered interest rate parity is a no-arbitrage condition in foreign exchange markets which depends on the availability of the forward market.