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Derivatives Compass

Spot rate

Japanese
スポットレート
Also known as
Zero-coupon rate
Last reviewed
September 24, 2026

This is a draft, shown for review before publication.

A spot rate is the interest rate for the period from today to a future date, defined as the compound yield on a discount bond that has no interest payments before maturity. Discounting an amount due at that date at the spot rate gives its present value.

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