spot rate is the interest rate from today to the spot date. When the spot date is two business days hence, rates for overnight (q. V.), tom/next (q. V.), and spot date (q. V.) satisfy the following equation:
Barry Goldsmith
| APA | Barry Goldsmith. (2010). spot rate. Retrieved September 22, 2026, from http://smartdefine.org/spot_rate/definitions/1163960 |
| Chicago | Barry Goldsmith. 2010. "spot rate" http://smartdefine.org/spot_rate/definitions/1163960 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, spot rate, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/spot_rate/definitions/1163960>. |
| MLA | Barry Goldsmith. "spot rate" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/spot_rate/definitions/1163960> |