A maturity date that does not follow standard market conventions. It relates to operations of currency or deposits in foreign markets. The practice is that maturity dates are either spot or fixed dates. Odd dates are any dates randomly fixed. So for a contract that has a two-month maturity and begins on April 20th, it would mature on June 20th. Any day different, June 21th, June 19th, etc. would be an odd date. Also called broken date.
Related information about odd date:
- Odd Date Definition | Investopedia
A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are simply random, unrelated dates.
- Odd Date: Definition from Answers.com
Odd Date Maturity Date in a foreign exchange contract that is neither a spot nor a fixed date. For example, a normal two-month forward contract from April.
- What is odd date? definition and meaning
Definition of odd date: A maturity date that does not follow standard market conventions. It relates to operations of currency or deposits in foreign markets.
- Odd Date Definition & Example | InvestingAnswers
We explain the definition of Odd Date, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- Odd Date - Financial Dictionary - The Free Dictionary
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