The currency exchange rate a bank quotes, valid with immediate effect.
The currency exchange rate a bank quotes, valid with immediate effect.
More terms
Time-Weighted Rate of Return (TWRR)
A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.