Spot rate

1.

In interest rate markets, the Zero coupon rate.

2.

In foreign exchange markets, the foreign exchange rate for a transaction to be settled on the 'spot' date, normally two days after the deal date.

See also

• Backwardation
• Cable
• Forward foreign exchange rate
• Forward margin
• Forward points
• FX
• Interest rate parity
• International Fisher Effect
• Spot market
• Spot price
• Spot transaction
• Tom
• Tom next
• Zero coupon yield