Re: Libor Forward Process

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URL: http://quantlib.414.s1.nabble.com/Libor-Forward-Process-tp4723p4728.html

Luigi,
I agree that the choice of a reference date as two working days from today is a good choice, but in this case it sounds strange to me considering the reference date as that date for which discount = 1.
Moreover there are some instruments for which the settlement date is three working days from today (for example the bonds).
Any choice is good, but in the lfmprocess.cpp, according me there is no enough coherence among dates, probably due to fact that all the code we developed starting from QuantLib is based on the assumption of today as reference date.

Thanks,
Marco

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