FOLIO Ontology

Non-Deliverable Asset

IRI:
https://folio.openlegalstandard.org/RC3dl9vmBgaZ6Ywk4RCTN7r
Preferred Label Non-Deliverable Financial Instruments
Alternative Labels
Non-Deliverable Instruments Synthetic Instruments

Definition

Non-Deliverable Assets are financial instruments for which physical delivery of the underlying asset is not permitted or feasible. These assets often involve synthetic options or forwards on foreign exchange (FX) rates for non-convertible or thinly traded currencies.

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Additional Information

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