„Indexed Currency Borrowings“
What does Indexed Currency Borrowings stand for?
Borrowings in a foreign currency where the rate of interest is linked to an agreed scale, and/or the rate of exchange at repayment is linked to an agreed scale.
Source:
Currency and Exchange RateView all itemsSarno, Lucio, and Mark P. Taylor. “The Economics of Exchange Rates.” Cambridge University Press, 2003.