Multicurrency loans

Give the borrower the possibility of drawing a loan in different currencies.

Similar financial terms

Multicurrency clause
Such a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date.

Project loans
Usually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, nursing homes, hospitals, and other development types.

Multifamily loans
Loans usually represented by conventional mortgages on multi-family rental apartments.

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Yield to maturity

The total yield on a bond obtained by equating the bond's current market value to the discounted cash flows promised by the bond. Also referred to as actuarial yield or just yield.


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