3 ms·

Then it's just a futures contract; and nobody in their right mind would sell a futures contract on a perpetuity. Currency is a useful abstraction for a lot of r

by exelius 11y ago

Then it's just a futures contract; and nobody in their right mind would sell a futures contract on a perpetuity. Currency is a useful abstraction for a lot of reasons.

murbard2 11y ago
No, it's absolutely not a futures contract: you collect coupons over time.