ABSTRACT
An interest rate that is determined without reference to an index or funding base such as LIBOR or U.S. treasury rates. For example, rather than LIBOR + 0.75%, the bid is expressed as 10.375%.
ACCOUNTING EXPOSURE
See TRANSLATION EXPOSURE.
An interest rate that is determined without reference to an index or funding base such as LIBOR or U.S. treasury rates. For example, rather than LIBOR + 0.75%, the bid is expressed as 10.375%.
ACCOUNTING EXPOSURE
See TRANSLATION EXPOSURE.