Current rate method

Current rate method

Current rate method

Under this currency translation method, all foreign currency balance-sheet and income statement items are translated at the current exchange rate.

Post sponsored by:

Current issue

Current issue

Current issue

In Treasury securities, the most recently auctioned issue. Trading is more active in current issues than in off-the-run issues.

Post sponsored by:

Current coupon

Current coupon

Current coupon

A bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk.

Post sponsored by:

Current – noncurrent method

Current - noncurrent method

Current – noncurrent method

Under this currency translation method, all of a foreign subsidiary’s current assets and liabilities are translated into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate, that is, the rate in effect at the time the asset was acquired or the liability incurred.

Post sponsored by:

Currency swap

Currency swap

Currency swap

An agreement to swap a series of specified payment obligations denominated in one currency for a series of specified payment obligations denominated in a different currency.

Post sponsored by:

Currency selection

Currency selection

Currency selection

Asset allocation in which the investor chooses among investments denominated in different currencies.

Post sponsored by: