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Long-Dated FX Product

A foreign exchange product that has a very long maturity (such as 30 years) and is used by investors to...

Power Reverse Dual Currency Swap

An exotic cross-currency swap whose maturity is typically long-dated, up to 30 years, while its coupons are options on the...

PRDC Swap

It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...

FX-TARN

An abbreviation for foreign exchange target redemption note (also termed: FX target accrual redemption note); a long-dated FX product which allows counterparties to link to...