Cross Currency Swap

Features and Benefits

• Suitable for corporate which has loan denominated in one currency, while its revenue is denominated in a different currency. This would result in foreign exchange disparity between the loan-denominated currency  the revenue denominated currency.
  
  For example, if a corporate which has a  USD floating loan but receiving SGD revenue to service the USD loan,, the corporate would be exposed to both foreign exchange and interest rate risks.

• A defensive hedging strategy to hedge against both the foreign exchange and interest rate risks.
• Simple and straightforward hedging solution.
• Can be customized to meet your requirements:
  • Your floating rate loan denominated in one currency can be converted to a floating or fixed rate obligation denominated  in a different currency.
  • You can also convert your fixed rate loan denominated in one currency to a floating or fixed rate obligation denominated in a different currency.
• There are both principal and interest exchanges in the respective currencies.
• No upfront fees payable.
• Available in different currency pairs (for example, USD/SGD, USD/JPY, EUR/GSD etc) and available to hedge against different floating rate market indices (such as SGD Swap Offer Rate, USD Libor, EURIBOR etc).
• Tenure ranges from 1 year to 15 years.

Terms and Conditions apply.
PLEASE contact Global Markets Sales Dealers for further information and details.