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Glossary > B > "Back-to-back loan" Definition

Back-to-back loan

A loan in which two companies in separate countries borrow each others currency for a specific time period and repay the others currency at an agreed upon maturity.

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Back-to-back loan - A loan in which two companies in separate countries borrow each others currency for a specific time period and repay the others currency at an agreed upon maturity.

Back-to-back loan : a loan in which two companies in separate countries borrow each others currency for a specific time period and repay the others currency at an agreed upon maturity.