Forward, Par, and Quoted Curve Rates

Forward and par curve pages explain the rates analysts extract from or apply to the term structure.

These terms matter in bond pricing, swap valuation, and curve-based scenario analysis.

In this section

• Forward Rate
  Future interest rate implied by today's term structure, widely used in curve analysis, hedging, and rate derivatives.
• Par Yield Curve
  Yield-curve version built from hypothetical par bonds, used to compare coupon-bearing benchmarks across maturities.