A deposit of a cash investment originating from a country other than the one in which the deposit resides. Typically Eurocurrency deposits consist of U.S. cash equivalents that are deposited in a foreign bank.
Related information about Eurocurrency deposit:
- Eurocurrency Deposit - Financial Dictionary - The Free Dictionary
A short-term fixed-rate time deposit denominated in a currency other than the local currency (e.g., U.S. dollars deposited in a London bank).
- What is Eurocurrency deposit? definition and meaning
Definition of Eurocurrency deposit: A deposit of a cash investment originating from a country other than the one in which the deposit resides. Typically ...
- Foreign currency denominated account - Wikipedia, the free ...
For example a deposit denominated in US dollars residing in a European bank is a Eurocurrency deposit, or more specifically a Eurodollar deposit. The origin of ...
- Eurocurrency Risk Premia - Craig School of Business
INTRODUCTION. The difference between the offshore Eurocurrency deposit rate and domestic onshore deposit rate for the same currency is frequently positive.
- EconPapers: Fractional Differencing Modeling and Forecasting of ...
Oct 29, 2012 ... Working Paper: Fractional Differencing Modeling and Forecasting of Eurocurrency Deposit Rates (1996) Downloads This item may be ...
- Fractional Differencing Modeling and Forecasting of Eurocurrency ...
Jan 1, 1996... and Porter-Hudak (1983), we find that several of the Eurocurrency deposit rates are fractionally integrated processes with long memory.
- Eurocurrency Deposit Definition
Eurocurrency Deposit Time deposit with a currency denomination other than local/ domestic currency, that comes with a short-term maturity and a fixed rate.
- fractional differencing modeling and forecasting of ... - Boston College
Eurocurrency deposit rates. III. Data and Empirical Estimates. The data set consists of daily rates for Eurocurrency deposits denominated in U.S. dollars (US) , ...