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Banking

Duet Bond

A dual currency bond whose interest payment and principal repayment (redemption amount) depend on the exchange rate between two currencies...

Dual Currency Bond

A bond that pays interest (coupon) in one currency and principal in another currency. This type of bond may be...

Dual Currency Swap

A swap which is typically used to hedge the risk associated with the issuance of a dual currency bond. It...

Heaven-and-Hell Bond

An index-linked product (an index-linked note or bond) that is denominated and interest-payable in one currency whilst its redemption value...