Rollover
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| Process whereby the settlement of a deal is rolled forward to another value date. The cost of this process is based on the interest rate differential of the two currencies. |
Related Terms: | ||
Maturity The date on which a bond's principal is repaid to the investor and interest payments cease. ... Closed Position Exposure in foreign currencies that no longer exists. ... Interest Rate The cost of borrowing money. The rate at which borrowed money is charged by the lender, ... | ||
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