请输入您要查询的单词:

 

单词 Dual Currency Issue
释义

Dual Currency Issue
A bond that pays interest in one currency but pays the principal in a different currency. The amount of the principal repayment is set at initiation and paid at maturity. This principal amount usually allows for some appreciation in the exchange rate of the stronger currency. These issues are common in the Eurobond market and are a useful source of capital for multinational companies.

Investopedia Says:
There are three methods used in applying the exchange rate to principal and interest payments from dual currency bonds:

1. The use of the prevailing exchange rate when the bond is issued

2. The use of the existing exchange rate (spot rate) at the time cash flow payments are made

3. The use of the currency that is chosen from the two currencies by the investors or issuers of these bonds - also known as an "option currency bond"

Related Terms:
Currency
Eurobond
Exchange Rate
Spot Price

随便看

 

英汉经管词典收录了7848条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。

 

Copyright © 2000-2023 Newdu.com.com All Rights Reserved
更新时间:2025/3/14 21:05:41