TERMIUM Plus®

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FOREIGN EXCHANGE DIFFERENTIAL [2 records]

Record 1 2010-07-06

English

Subject field(s)
  • Stock Exchange
  • Investment
  • Currency and Foreign Exchange
DEF

...a cross-currency basis swap (floating-against-floating) that does not involve any exchange of principal, even at maturity.

CONT

Diff swaps, also known as currency-protected or cross-rate swaps, allow investors to enjoy higher interest rates without facing exchange rate risk.

CONT

A differential swap is often termed a correlation product, since its payout is modified by the correlation between the relevant foreign exchange and interest rates in the transaction.

CONT

Both streams of interest payments through a diff swap are calculated with reference to the same notional principal amount of the same currency and both streams of interest are actually paid in this currency.

French

Domaine(s)
  • Bourse
  • Investissements et placements
  • Politique monétaire et marché des changes
DEF

Swap dans lequel le notionnel est libellé dans une monnaie, tandis que les flux d'intérêts de l'une des parties, bien que réglés dans la même monnaie, sont fixés sur la base d'une autre monnaie de référence.

Spanish

Save record 1

Record 2 2010-03-09

English

Subject field(s)
  • Economic Fluctuations
DEF

Difference between the inflation rates of two or more countries.

OBS

Normally used to indicate competitive relationships and the relative variation of long term foreign exchange rates, given that in the short term the balance is based on the interest rate differential.

OBS

inflation rate differential: term published in the Journal officiel by the Commission générale de terminologie et de néologie of the Government of France.

OBS

inflation differential: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

French

Domaine(s)
  • Fluctuations économiques
DEF

Différence qui existe entre le taux d'inflation de plusieurs pays.

OBS

On l'utilise normalement pour déterminer les taux d'intérêt à long terme puisque à court terme, l'équilibre se produit par la différence entre les taux d'intérêt.

OBS

écart d'inflation : terme publié dans le Journal officiel par la Commission générale de terminologie et de néologie du gouvernement de la France.

OBS

différentiel d'inflation : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Fluctuaciones económicas
DEF

Diferencia que existe entre la tasa de inflación de dos o más países. Suele utilizarse como indicador de la posición competitiva y de la variación relativa de los tipos de cambio a largo plazo, ya que a corto plazo, el equilibrio se produce por el diferencial de tipos de interés.

OBS

diferencial de inflación: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

Save record 2

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