Dual Currency Issue

Business, Legal & Accounting Glossary

Definition: Dual Currency Issue


Dual Currency Issue


Full Definition of Dual Currency Issue


A bond paying its interest with one type of currency while paying out its principal in a differing currency. The principal repayment amount is set at the initiation of the transaction and it is paid out at maturity. Typically, the amount of principal will allow for a certain amount of appreciation based on the exchange rate of the currency that is stronger.


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, from PayrollHeaven.com website: https://payrollheaven.com/define/dual-currency-issue/

Definition Sources


Definitions for Dual Currency Issue are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.