Hence, as long as the three-month LIBOR forward curve for the remaining life of that liability does not fall below 20 basis points, the hedged item has the same cash flow variability as a liability that bears interest at three-month LIBOR with a zero or positive spread.
Ainsi, supposons qu'une entité couvre un achat de 100 tonnes de café au moyen de contrats à terme standardisés portant chacun sur 37500 lb (livres) de café.