Entire Section

  • Dual Currency Bonds

    • PIB A5.2.10

      A dual currency bond must be treated as two positions as follows:

      (a) a debt Security denominated in the currency in which the dual currency bond is issued; and
      (b) a foreign exchange forward for the purchase of the redemption currency (see PIB section 5.6).
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]