Back-to-back loan

From ACT Wiki
Revision as of 16:45, 10 November 2021 by Doug Williamson (Talk | contribs) (Classify page.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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.

See also