Dual Currency Swap

Business, Legal & Accounting Glossary

Definition: Dual Currency Swap


Dual Currency Swap


Full Definition of Dual Currency Swap


A swap used to hedge dual currency bonds by transferring the components of the bonds not wanted by the issuer. The issuer takes on exchange rate risk by opting to repay the bonds in foreign currency at the agreed exchange rate.


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https://payrollheaven.com/define/dual-currency-swap/
Modern Language Association (MLA):
Dual Currency Swap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/dual-currency-swap/.
Chicago Manual of Style (CMS):
Dual Currency Swap. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/dual-currency-swap/ (accessed: April 19, 2024).
American Psychological Association (APA):
Dual Currency Swap. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/dual-currency-swap/

Definition Sources


Definitions for Dual Currency Swap 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.