HomeDefinitionsCompareDebt Covered Interest Rate ParityThe financial definition for Covered Interest Rate Parity:The principle that the yields from interest-bearing foreign and domestic investments should be equal when the forward currency market is used to predetermine the domestic currency payoff from a foreign investment. Similar MatchesAmortizing interest rate swapAmortizing interest rate swapSwap in which the principal or notional amount rises (falls) as interest rates rise (decline). And interestAnd interestAn indication that the buyer will receive accrued interest in addition to the price quoted for a bond. Any interest dateAny interest dateA call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date. Further SuggestionsAssumed interest rateBest interests of creditors test Capitalized interest Cash flow after interest and taxes Compound interest Consumer interest Covered interest arbitrage Click to compare definitions of Covered Interest Rate Parity Click to view definitions beginning co |