DEFINITION of 'Odd Date'

A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are simply random, unrelated dates.


For example, if a foreign contract has a three-month maturity and begins on November 15th, it would therefore mature on February 15th. An odd date would be February 14th or any date other than the 15th.

  1. Spot Date

    The spot date is the date at which a transaction is settled.
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  5. Effective Date

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  6. Call Date

    The call date is the date on which a bond can be redeemed before ...
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