Template:Nutshell 1995 CSA Base Currency Equivalent: Difference between revisions
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“'''{{ | “'''{{csaprov|Base Currency Equivalent}}'''” of an amount in a currency other than the {{csaprov|Base Currency}} (the “'''{{csaprov|Other Currency}}'''”) is the amount of {{csaprov|Base Currency}} the {{csaprov|Valuation Agent}} determines is needed to buy that {{csaprov|Other Currency}} amount at the prevailing [[Spot rate|spot]] exchange rate on the {{csaprov|Valuation Date}}. <br> |
Latest revision as of 13:33, 19 April 2021
“Base Currency Equivalent” of an amount in a currency other than the Base Currency (the “Other Currency”) is the amount of Base Currency the Valuation Agent determines is needed to buy that Other Currency amount at the prevailing spot exchange rate on the Valuation Date.