finance/foreign exchange

  • Extension of a maturing financial instrument, such as a loan or certificate of deposit.
  • Extension of a maturing foreign exchange operation through the conclusion of a swap agreement (e.g., tom/next swap).
  • Variability of an interest rate according to the appropriate, currently prevailing rates on the Euromarket (normally LIBOR) for a medium-term loan.
Was this article helpful?

Related Articles

Need Support?

Can't find the answer you're looking for?
Contact Support