What does NDF stand for?

Non-Deliverable Forward (forward contracts in countries with currency restrictions)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Offshore benchmark dollar/yuan non-deliverable forwards implied a rise in the yuan of 3.

China : POLL-Chinese yuan seen 20 percent undervalued

The yuan rose slightly against the dollar on Thursday in benchmark offshore one-year non-deliverable forwards.

Gold at new high on weak dollar

Foreign exchange instruments covered include spot, forwards, options, non-deliverable forwards.

Thomson Reuters Global Head of FX Transactions

A non-deliverable forward is an FX Forward for which the physical exchange of currency at expiry is replaced by settlement between counterparties of the net profit / loss on the contract, calculated off the prevailing spot rate two days prior to settlement.

PricingDirect Inc. Begins to Offer FX Product Valuations to its ...

Three-month non-deliverable forwards for the dong fell 1 percent to 19,780 per dollar today as traders stepped up bets the currency will be allowed to weaken.

Vietnam : Vietnam Doesn t Plan to Devalue Dong, Central Bank s Giau ...

Currency traders in the non-deliverable forwards market were anticipating on Tuesday that the yuan would be worth 2.

U.S. welcomes yuan rise so far, wants more

TT will support trading of spot FX, precious metal and non-deliverable forward (NDF) contracts through its high-speed gateway to the EBS platform.

Trading Technologies to Provide Connectivity to EBS

The figures for RMB non-deliverable forwards in the international market also reflect expectations that the RMB will appreciate.

China : Performance of foreign currency loans and deposits reflects ...