Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.
Search for a Term:

What is Principal-Exchange-Rate-Linked Security?

Definition of Principal-Exchange-Rate-Linked Security

APrincipal Exchange Rate Linked (PERL) Security is a debt denominated in U.S. dollars, which usually pays interest every six months but has a final yield repayment amount determined by the exchange rate between the U.S. dollar and another specified currency upon the security's maturity. For example, if a company wishes to expanditsoverseas operationsin, say, Thailand,then they may buy this security- with the repayment amount linked to the U.S. Dollar vs Thailand Baht exchange rate -in order to fundit.
Do you have a question that has not yet been answered? Let us know.
Tel: +44 (0) 203 8794 460 or Email: support@advfn.com

FTSE 100 Index

FTSE 100 Index intraday chart

Gulf Keystone

Gulf Keystone Chart
 GKP Chart  GKP Chat
 GKP Share Price  GKP Level 2
 GKP Info  Free ADVFN account

Top Investment Questions

Your Recent History

Delayed Upgrade Clock