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What is the implied exchange rates of all the dual-currency bonds? What challenges would establishing of a triple-currency bond have? Dual-Currency Bond Dual-Currency Interest Rate

  1. What is the implied exchange rates of all the dual-currency bonds?
  2. What challenges would establishing of a triple-currency bond have?


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Dual-Currency Bond Dual-Currency Interest Rate Maturity (years) Payment (CAD) Sales Price (LCU) Notional Value (LCU) Comparable Bond 1 USD and CAD 3.33% 6 350,000 245,000 300,000 6 years and 4.95% 2 EUR and CAD 4.16% 7 250,000 200,000 240,000 7 years and 5.70% 3 GBP and CAD 5.90% 4 CHF and CAD 6.18% 5 JYP and CAD 7.46% 9558 100,000 800,000 950,000 9 years and 7.20% 400,000 600,000 590,000 5 years and 7.75% 650,000 700,000 775,000 8 years and 6.95%

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