PERLS


Also found in: Medical, Financial.
AcronymDefinition
PERLSPrincipal Exchange-Rate-Linked Security (finance)
PERLSPreferred Exchangeable Resettable Listed Shares
References in periodicals archive ?
The PERLS VII notes are subordinated, unsecured notes slated to pay quarterly, floating rate distributions that would be 100% franked.
The bank in its statement has revealed that the trading of the PERLS VI is likely to be started on the basis of delayed settlement from Friday noon.
The bank's PERLS which will qualify as tier one capital, have been released after the Australian Prudential Regulation Authority (APRA) forced them to scrap at least two earlier launch dates.