Home > Term: Principal Exchange-Rated-Linked Securities (PERLS)
Principal Exchange-Rated-Linked Securities (PERLS)
A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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- Jessehe
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