{"id":165799,"date":"2022-05-06T15:48:27","date_gmt":"2022-05-06T15:48:27","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/par-forward\/"},"modified":"2022-05-06T15:48:31","modified_gmt":"2022-05-06T15:48:31","slug":"par-forward","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/par-forward\/","title":{"rendered":"Par Forward"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An agreement to exchange a series of cashflows over time in one currency for a series of cashflows in another currency with all exchanges occurring at the same exchange rate. The Par Forward is therefore a series of foreign exchange forward contracts at one agreed rate. It is not necessary for the cashflows to be of the same notional amount. Also known as a flat rate forward. More complex versions of the par forward include the floating rate par forward and the rolling par forward.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4258],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165799"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165799"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}