Multi-Currency Options, Indexed Loans, European Currency Unit, European Unit of Account, the Eurco

  • Brian Scott Quinn


As well as denominating bond issues in a single national currency, it is possible to denominate in two or more currencies or in an artificial unit (unit of account).


Exchange Rate Reference Currency Currency Option Domestic Currency United States Dollar 
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  1. 1.
    See J. Craven, ‘Use of the Multi-currency Option in International Finance’, Euromoney (July 1971).Google Scholar
  2. 2.
    D. Williams, ‘Foreign Currency Issues on European Security Markets’, IMF Staff Papers (Mar 1967).Google Scholar

Copyright information

© Brian Scott Quinn 1975

Authors and Affiliations

  • Brian Scott Quinn
    • 1
  1. 1.Department of EconomicsUniversity of ReadingUK

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