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Dual currency bond

Business Dual bankingDuality

dual currency bond A Dual currency bond is debt which pays the principal in one currency upon redemption,... dual life insurance A form of insurance which pays a death benefit only upon the death of the last...

 


A swap used to hedge dual currency bonds in which the issuer has the option to repay principal and coupon in either the base currency or an alternative currency at a pre-agreed exchange rate.

Redemption Date (finance term)
Dual Currency Bond (in banking)
couponing
poundage
Discount Bond (finance term)
Pure No-Load Fund (finance term)
Living Judaism: Redemption (1980 Spirituality & Philosophy Film) ...

See also: Debt security, Due diligence, Banks, Job, Unit trust

Business Dual bankingDuality

 
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