forward federal funds

Forward Federal Funds

The funds that the Federal Reserve will allow member banks to borrow to cover a deficiency in reserve requirements at some future date.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

forward federal funds

Federal funds traded for delivery at a future date.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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