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Glossary > N > "Non Deliverable Swap - NDS" Definition

Non Deliverable Swap - NDS

Similar to a non deliverable forward, the only difference being that settlement for both parties is done through a major currency.

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Non Deliverable Swap - NDS - Similar to a non deliverable forward, the only difference being that settlement for both parties is done through a major currency.

Non Deliverable Swap - NDS : similar to a non deliverable forward, the only difference being that settlement for both parties is done through a major currency.