Interest rate swap transaction | VPBank

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Interest rate swap transaction

(5,000 Đánh giá)

Chi tiết

  • A transaction which VPBank and Customer agree to periodically pay each other the interest in the same currency (VND or foreign currency) calculated at the agreed interest rate (fixed or floating interest rate) on the same capital value
    • Customer can fix loan interest rate (switching from floating to fixed rate) or vice versa (switching from fixed to floating rate)
    • With the option of paying a floating interest rate, Customer takes advantage of the difference from the discount of the payable interest rate
    • With the option of paying a fixed interest rate, Customer secures a fixed borrowing cost in the future
    • IRS agreement is made on the basis of the Customer’s valid original Loan Agreement and secured by pre-settlement risk margin