Foreign exchange swap

(redirected from Cross Currency Swaps)

Foreign exchange swap

An agreement to exchange stipulated amounts of one currency for another currency at one or more future dates.

Foreign Exchange Swap

An agreement between two parties to exchange two currencies at a certain exchange rate at a certain time in the future. For example, if a company knows that it will need British pounds in the future and another company knows that it will need U.S. dollars, they agree to swap the two at the agreed-upon exchange rate. This eliminates the risk that the exchange rate will change in a way that is disadvantageous to one party or the other. They are also called currency swaps. See also: Swap.
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Securities and Exchange Commission, affirmed Mitchells & Butlers (M&B) Finance's notes and interest rate (IRS) and cross currency swaps (FX swaps).
The platform is already used for FX options, interest rate and cross currency swaps and all derivatives, securities and fixed income desks will be migrated in the future.
(12) This funding is largely hedged through FX and cross currency swaps, as discussed in Box 3.
In terms of instruments, the full scope of financial products are covered, so that includes multiple types of securities (plain vanilla to very structured ones, inflation linked, FX linked, equity linked, index linked, etc.), interest and cross currency swaps perfectly matching the corresponding bond issue, structured loans, futures, options, money market and FX deals.
The credit will cover the payment obligations of the Republic of Cameroon related to the cross currency swaps executed with commercial banks to hedge the proceeds of a USD denominated Eurobond currently being marketed.
such as cross currency swaps or fixed floating swaps under swap
Cross Currency Swaps - US dollar/yen, US dollar/Swiss franc, euro/yen
For example, interest rate swaps and cross currency swaps have become common terms and are utilized across most strategies.
We apply the following reasoning: it is very likely that Gazprom will swap its rouble debt into dollars, leading to a shortaterm yield decrease for 3Y cross currency swaps as market participants put pressure on rates in an effort to offer Gazprom the best swap rate.
Con productos financieros derivados hemos proporcionado swaps cruzados de divisas a largo plazo (long term cross currency swaps), asi como swaps de tasas de interes (interest rete swaps) en acuerdos bien estructurados a traves de toda la region Latinoamericana.
Fitch views the creditworthiness of the issuer's obligations under the interest rate and cross currency swaps as consistent with the long-term ratings of the most senior class of notes, as the swaps are expected to default with the notes under certain scenarios.
The unique Renminbi (RMB) clearing solution for RMB-focused products like USD/CNH2 Cross Currency Swaps and CNY3 7-day Repo Non-Deliverable Swaps offered by OTC Clear is one of the key drivers for major market makers like BNP to join and make use of our service.'

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