Issue and Coupon currency

The Bonds Screener offers filters for both Issue currency and Coupon currency, which are crucial for managing currency risk. The Issue currency relates to the bond's principal value, while the Coupon currency relates to its interest payments. While these currencies are often the same, they can differ, impacting both capital repayment and income stream exposure.

• Issue Currency: This is the currency in which the bond's principal (face value) is denominated. It represents the currency the issuer borrows in and typically repays at maturity. Filtering by Issue currency helps to assess the primary currency risk associated with the bond's capital value.
• Coupon Currency: This refers to the currency in which the periodic interest payments (coupons) are made to bondholders. Filtering by Coupon currency is important for managing cash flow in specific currencies and evaluating the currency risk of the income stream.

To screen bonds using these currency criteria:

Add the "Issue currency" filter to your Bonds Screener. 

In the added filter, select the desired currency or currencies for the bond's principal denomination:

Similarly, add the "Coupon currency" filter.

Select the currency or currencies in which you want the coupon payments to be made.

You can use either filter independently or both together for a more targeted screening. To disable either filter and remove its specific currency constraint, click the Reset button on that particular filter.