A short-term interest rate (STIR) future is a futures contract that derives its value from the interest rate at maturation. Common short-term interest rate futures are Eurodollar, Euribor, Euroyen, Short Sterling and Euroswiss, which are calculated on LIBOR at settlement, with the exception of Euribor which is based on Euribor. This value is calculated as 100 minus the interest rate.
Read more about this topic: Interest Rate Future
Other articles related to "stirs, stir":
... Ward suggested that Jackson might be "the straw that stirs the drink." But when the story appeared in the May 1977 issue of SPORT, Ward quoted Jackson as saying, "This team, it all flows from me ... I'm the straw that stirs the drink ... Maybe I should say me and Munson, but he can only stir it bad." Jackson has consistently denied saying anything negative about Munson in the interview and that his quotes were ...
Famous quotes containing the word stirs:
“Because of that great nobleness of hers
The fire that stirs about her, when she stirs,
Burns but more clearly.”
—William Butler Yeats (18651939)
“O power of fantasy that steals our minds from things outside, to leave us unaware, although a thousand trumpets may blow loudwhat stirs you if the senses show you nothing? Light stirs you, formed in Heaven, by itself, or by His will Who sends it down to us.”
—Dante Alighieri (12651321)
“A soft answer turns away wrath, but a harsh word stirs up anger.”
—Bible: Hebrew, Proverbs 15:1.