Bond denominated in one currency, but paying interest in another currency at a fixed exchange rate.
Related information about dual currency bond:
- Dual Currency Bond Definition | Investopedia
A debt instrument in which the coupon and principal payments are made in two different currencies. The currency in which the bond is issued, which is called the ...
- Dual Currency Bond - Financial Glossary
A bond that pays a coupon in one currency but is redeemed for a fixed sum in another, often the dollar. Investors usually get an above-market coupon, but run ...
- dual-currency bond - Financial Dictionary - The Free Dictionary
A debt security that pays coupon interest in one currency and the principal in a different currency. Several variations of dual-currency bonds are issued, including ...
- What is dual currency bond? - InvestorWords.com
Definition of dual currency bond: Bond denominated in one currency, but paying interest in another currency at a fixed exchange rate.
- What is dual currency bond? - BusinessDictionary.com
Definition of dual currency bond: Which is denominated in one currency but pays interest in another at a fixed rate of exchange.
- dual currency bond
A Dual currency bond is debt which pays the principal in one currency upon redemption,...
- What is DUAL CURRENCY BOND? - The Law Dictionary
Definition of DUAL CURRENCY BOND: A BOND that pays interest COUPONS in one currency and PRINCIPAL redemption in a second currency. The exchange ...
- Power reverse dual currency note - Wikipedia, the free encyclopedia
A power reverse dual currency note (PRDC Note) or power reverse dual currency bond (PRDC Bond) is an exotic financial structured product where an investor ...