Back-to-back loan: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Classify page.) |
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Latest revision as of 16:45, 10 November 2021
1. Lending and borrowing - hedging.
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. Lending and borrowing.
A similar arrangement undertaken for any other purpose.