According to POGC's managers, issuance of rial denominated
bonds could be profitable even if its profit rate are raised to 35 percent which is the result of good return of money invested in South Pars gas field projects.
In 1992, the IRS issued proposed regulations which, if finalized, would retroactively provide the discretion to defer a loss attributable to the disposition or termination of a debt between related parties, if it was effectively replaced with debt denominated
in a different currency; see Prop.
Home business denominated
in relatively weak Euro is a plus.
A short time later, the banker suggests the company issue a dual-currency bond, in which the principal is payable in dollars but the interest is denominated
When a taxpayer substitutes nonfunctional currency debt with debt denominated
in a different currency (whether or not the taxpayer's functional currency), the taxpayer effectively terminates its exposure to fluctuation in the currency in which the first debt is denominated
in BGN had the largest share since the beginning of the year, at 79.
In the first auction for 5-year TRY denominated
fixed-coupon bonds, the Treasury sold net 1.
The class-'2A' floating rate notes will also be dollar-denominated
and sterling- denominated
and have a weighted average life, or WAL, of 2.
Obviously the willingness of Americans and others to hold dollars, and dollar denominated
financial assets, has increased.
For instance, if a loan between unrelated parties, such as a corporation and a bank, is denominated
in a foreign currency and an exchange loss is sustained on principal repayment, the loss is treated as an ordinary loss and is currently deductible in full.
Interest rate differentials provided a strong incentive for capital flows into the higher-yielding securities denominated
in German marks and in other currencies thought to be closely linked to the mark.
This risk occurs when a company has a payable (or receivable) denominated
in a foreign currency (FC).