Back-to-back loan: Difference between revisions
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imported>Doug Williamson (Layout.) |
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A mechanism under which two parties lend each other matching sums on matching terms in different currencies or on a different interest rate basis, with the objective of obtaining a cost advantage or of hedging currency or interest rate risk. | A mechanism under which two parties lend each other matching sums on matching terms in different currencies or on a different interest rate basis, with the objective of obtaining a cost advantage or of hedging currency or interest rate risk. | ||
2. | 2. | ||
A similar arrangement undertaken for any other purpose. | A similar arrangement undertaken for any other purpose. | ||
== See also == | == See also == | ||
* [[Loan relationship]] | * [[Loan relationship]] | ||
Revision as of 10:32, 11 May 2016
1.
A mechanism under which two parties lend each other matching sums on matching terms in different currencies or on a different interest rate basis, with the objective of obtaining a cost advantage or of hedging currency or interest rate risk.
2.
A similar arrangement undertaken for any other purpose.
