BizTerm Definition
Break even rate
Full Definition

A position which shows the break even rate per currency per time bracket. The `break even rate' is calculated with the following formula: Break Even R.= ((tot ass x avg ass rate) - (tot ass x avg liab rate))/Cumulative Mismatch See also Position, position administration tables, standard position codes, combined position code, risk management, foreign exchange risk, forex, open currency position, mismatch, interest risk, liquidity risk, forward revaluation, interest revaluation, break even and nostro projection.

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