This question was closed without grading. Reason: Other
Dec 6, 2022 21:31
1 yr ago
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English term
OIS-OIS cross-currency basis
English to Serbian
Bus/Financial
Finance (general)
Buying Russian crude at $60 per barrel (pb) and selling diesel at $140 pb makes for a nice crack spread, the petroleum market’s equivalent of 100 bps of spread in the land of OIS-OIS cross-currency bases.