Finance & Trading: The Power Reverse Dual Currency Note (PRDC)
The Power Reverse Dual Currency Note (PRDC)
A "power reverse dual currency bond" typically repays principal in Japanese Yen and pays either a fixed US Dollar or Euro coupon at the discretion of the bank.
Learn more...
http://www.risklab-madrid.uam.es/es/seminarios/meff-uam/Octubre2002.pdf
posted by Victor Lloyd Smith @ 5:17 PM
0 Comments:
Post a Comment
<< Home