CoY definition
CoY means a derivate instrument combining a foreign exchange linked deposit with a currency option, with the aim of providing a higher yield or return than that available for a standard deposit. The foreign exchange linked deposit is higher risk than a normal deposit as it is exposed to foreign exchange rate movements;
CoY means a derivate instrument combining an FX linked deposit with a currency option, with the aim of providing a higher yield or return than that available for a standard deposit. The FX linked deposit is higher risk than a normal deposit as it is exposed to FX rate movements;