What is the value date of a 6-month outright forward FX transaction dealt today, if todays spot date is Monday, 30 th June? Assume there are no bank holidays.
A) 27th December
B) 30th December
C) 31st December
D) 1st January

Question

Quizplus · Accepted Answer

The value date for a 6-month forward FX transaction is typically the same day of the month, six months later. Since the spot date is 30th June, the value date would be 31st December, as June has 30 days and December has 31 days.

What Is the Value Date of a 6-Month Outright Forward