Cross Currency
Cross currency trading refers to forex transactions that do not include the US dollar (USD). A cross rate refers to a currency pair that excludes the US dollar. An example of a cross rate is GBP/JPY, in which the two...
Currency Swap, Currency Swaps
A currency swap is an agreement between two parties to exchange the principal loan amount and interest applicable on it in one currency with the principal and interest payments on an equal loan in another currency. These contracts are...
Cross Rate
A cross rate is the currency exchange rate expressed by a currency pair in which none of the currencies involved is the official currency of the country in which this quotation is made. For example, if the currency exchange...
Iraqi Dinar: The Once and Future Currency of Iraq
Iraqi Money The official currency of Iraq is the dinar. It has been in circulation since 1931 although has gone through major changes since then. It is commonly known as the IQD. History of the Iraqi Dinar Before...
Currency Trading, Online Currency Trading
Currency trading is the process of trading (buying or selling) one currency against another with the aim of earning a profit. Online currency trading uses internet trading tools to carry out currency trades. Currencies are traded on the foreign exchange...
US Dollar Converter, US Dollar Conversion
The US dollar converter is a ‘conversion’ tool which instantly converts the value of a specific domestic currency into US Dollars and vice versa. Such conversions are based on current exchange rates. The US Dollar converters are primarily used by...
Currency Charts, Currency Graphs
Currency charts (or forex charts) depict the behavior of various currency pairs. Typical currency charts include intraday charts, that plot minute-by-minute changes; daily charts, that show closing values at the end of each trading day; and long term charts that...
Carry Trade
When referring to an asset, the term “carry” means the return received (if positive) or cost incurred (if negative)of holding the asset. A carry trade is a currency trade in which low-yielding currencies are borrowed and high-yielding currencies are lent....
Performance Bonds, Performance Bond
Performance bonds, or surety bonds, are financial tools that act as guarantees for the satisfactory completion of a project. These bonds are generally used in the construction and services industries. They are also used frequently in the financial trading markets....
Global Bonds, Global Bond
Global bonds are debt instruments that are issued simultaneously in several countries. These bonds are usually issued by large multinational organizations and sovereign entities, both of which regularly carry out large fund-raising exercises. By issuing global bonds, an issuing entity...
Bond Financing for Investment Purposes
Bond FInancing for investing purposes is an investment procedure that results in profits which are comparably higher than those offered in the Stock Markets due to the risks involved. For those who are interested in Bond Investing, the best way...
Gold Bonds, Gold Bond
Gold bonds or gold-convertible bonds are debt instruments that are typically issued by gold mining firms. These bonds are secured by a stored quota of gold and their yield depends heavily upon fluctuations in global gold prices.Not many companies in...
Bond Issue
Bond Issue is the procedure involving the issue of debt securities in the form of Bonds, that is undertaken by the business concerns which require financial resources in order to pay off debts incurred previously or to provide for expansion...
Bond Rates
Bond rates are the predetermined interest rates paid by the issuer of a bond, note or any other fixed income security. Also known as coupon rates, bond rates are expressed as a percentage of the face value or principal, on...
Bond Yield
Current yield: The ratio of the annual interest payment to the bond's current price. Calculating Yield to Maturity Investors usually consider yield to maturity (YTM) to gauge the profitability of a bond. The steps to calculate the YTM of a...