👉 In finance, an unimpairable is a type of financial instrument that allows its holder to trade it without having to exchange it for another security. This means that there is no exchange rate risk associated with owning an unimpairable, and investors can hold the asset indefinitely without needing to sell it or take any action. An unimpairable typically consists of debt securities such as bonds, notes, or mortgage-backed securities (MBS). These instruments are not issued by a central bank but
