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Chooser PRDC Note

A power reverse dual currency note (PRDC note) which grants the issuer the right to choose which of the note’s…

Callable PRDC Note

A power reverse dual currency note (PRDC note) that gives the issuer (a bank, for example) the right to call…

Long-Dated FX Product

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

PRDC Note

It stands for power reverse dual currency note; a long-dated FX product that aims to enhance yield for yen investors...