what is tenor basis risk 
tenor basis risk is the risk that arises when a basis swap occurs despite re pricing on the same date being in the same currency and being linked to the same benchmark problems could arise when they re price if they do so for different periods or tenors the bottom lineunderstanding the tenor of any financial instruments a company may hold such as a short or long term derivative is crucial to maintaining a steady cash flow and analyzing a contract s riskiness correction april 10 2024 this article has been edited from a previous version that incorrectly defined maturity as the initial length of a contract upon its inception maturity refers to the date when a transaction or investment ends 