Commodity Swap

Commodity Swap

A swap involving the market price of a commodity. In a commodity swap, a financial institution is usually one of the counterparties. A user of the commodity may agree to pay the financial institution a fixed price for the commodity in exchange for the institution paying the user the spot price for the same commodity. On the other hand, a producer of a commodity may agree to pay the financial institution the market price in exchange for receiving a fixed price. A commodity swap usually involves oil and is used to protect against price fluctuations.
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STRONG COMMODITY SWAP PROVIDER: The commodity swap provider, BNP Paribas, exhibits a strong credit profile and is rated 'A+', Stable Outlook.
To manage the commodity-price risk associated with these assets, the Partnership and Anadarko entered into five-year, fixed-price commodity swap agreements.
BNP is the commodity swap provider in each of the transactions noted above.
To manage the commodity-price risk associated with these assets, the Partnership and Anadarko will enter into five-year, fixed-price commodity swap agreements.
RBS guarantees the performance of the commodity swap provider in the transaction.
Create a custodial agreement with respect to the commodity swaps in order to mitigate TEAC's credit exposure to the commodity swap counterparties.
Strong Commodity Swap Provider: JPM is the commodity swap provider and exhibits a strong credit profile.
Aron, including the commodity swap counterparty and National Public Finance Guarantee Corp.
Strong Commodity Swap Provider: RBC is the commodity swap provider and exhibits a strong credit profile.
April 9, 2013 /PRNewswire/ -- With the April 10 deadline looming for commodity swap market counterparties to obtain their Commodity Futures Trading Commission legal entity identifiers for Dodd-Frank compliance reporting, RiskAdvisory is announcing its preparation of SAS BookRunner v12 commodity trading and risk management (CTRM) connections to the swap data repositories (SDRs).
Strong Commodity Swap Provider: Calyon is the commodity swap provider and exhibits a strong credit profile.
Alternatively, the institution might invest in a total return commodity swap to gain exposure to a broad commodity index.