Parallel loan
id:
parallel-loan-292-10355931
title:
Parallel loan
text:
A parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping the resulting loans in different currencies. It was an early form of currency swap. In a parallel loan there is an exchange of currencies between four parties which promises that the loan will be repaid at a specified future date and predetermined exchange rate. It consists of two pairs of the affiliated companies and two pairs parents companies in two different cou
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Parallel_loan
date created:
date modified:
2021-10-19T16:56:54Z
main entity:
{"identifier":"Q30693253","url":"https://www.wikidata.org/entity/Q30693253"}
image:
fields total:
13
integrity:
13