Swaps

We structure IRS (*) and CCIR (**) for clients that need to swap loans or  bonds from one interest rate to another or from one currency to another.

 

(*) IRS: Interest rate Swaps – this is an agreement that obligates two counterparties to exchange payment for a determined amount and for specific dates. The payments are calculated based on fixed to floating interest rates or any combination of different rates.

 

(**) CCIR: Cross Currency Interest Rate Swaps – this is an agreement that obligates two counterparties to exchange payment for a determined amount expressed in both currencies and interest rates for specific dates.