foreign currency swap
31Dividend swap — A dividend swap is an over the counter financial derivative contract (in particular a form of swap). It consists of a series of payments made between two parties at defined intervals over a fixed term (e.g., annually over 5 years). One party the… …
32Reciprocal Currency Arrangement — Temporary arrangement between central banks to maintain a supply of a country’s currency for trade with other central banks at a specified exchange rate. A reciprocal currency arrangement is only intended for overnight or short term lending …
33Correlation swap — A correlation swap is an over the counter financial derivative that allows one to speculate on or hedge risks associated with the observed average correlation, of a collection of underlying products, where each product has periodically observable …
34Dual Currency Deposit — A fixed deposit with variable terms for the currency of payment. Deposits are made in one currency, but withdrawals at maturity occur either in the currency of the initial deposit or in another agreed upon currency. This is a deposit that creates …
35Power reverse dual currency note — A dual currency note (DC) pays coupons in the investors domestic currency with the notional in the issuers’ domestic currency. A reverse dual currency note (RDC) is the reverse. A power reverse dual currency note (PRDN) or power reverse dual… …
36Debt-for-nature swap — Debt for nature swaps are financial transactions in which a portion of a developing nation s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Contents 1 History 2 How Debt for Nature Swaps Work 3… …
37debt-equity swap — A swap agreement to exchange equity/ returns for debt returns or the converse over a prearranged length of time. Bloomberg Financial Dictionary * * * debt equity swap debt equity swap ➔ swap2 * * * debt equity swap UK US (also debt/equity swap …
38Quanto Swap — A swap with varying combinations of interest rate, currency and equity swap features, where payments are based on the movement of two different countries interest rates. This is also referred to as a differential or diff swap. Though they deal… …
39National Foreign Exchange Association — The National Foreign Exchange Association is a non commercial association of commercial banks, currency exchanges, brokerage firms, and others dedicated to the development and improvement of a high standard foreign exchange market and money… …
40debt swap — noun A financial transaction in which debt liabilities are exchanged with the aim of profiting from differing rates • • • Main Entry: ↑debt * * * (also debt for nature swap) n. a transaction in which a foreign exchange debt owed by a developing… …
