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reverenciado a un determinado índice

English translation: pegged to a specific index

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	referenciado a un determinado índice
English translation:	pegged to a specific index
Entered by:	Parrot

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16:35 Feb 9, 2004

Spanish to English translations [PRO]
Bus/Financial - Finance (general)

Spanish term or phrase: reverenciado a un determinado índice

"Asimismo, y para los casos en que se haya pactado un tipo variable reverenciado a un determinado índice, el Banco comunicará, en los mismos plazos y condiciones, las variaciones del tipo resultante de la variación del de referencia."

Is this "a variable exchange rate pegged to a specific index"?

Thanks a million, hanna

SpanTran KudoZ activity Questions: 333 (none open) (12 closed without grading) Answers: 72
Local time: 04:18

pegged, yes

Explanation:
you have a typo: referenciado (instead of reverenciado)

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Note added at 3 mins (2004-02-09 16:38:50 GMT)
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a variable rate pegged to a specific index

Selected response from:

Parrot
Spain
Local time: 04:18

Grading comment

Thanks a million! The original text has "reverenciado" which is why I was confused, although I too was pretty sure it should have been "referenciado" given the context. Thanks a lot to both of you! Hanna
4 KudoZ points were awarded for this answer