Swaps
It is an OTC derivative in which two parties exchange cash flows at specified time intervals in the future, based on agreed parameters. Currency swap involves the exchange of principal and /or interest payments in one currency with principal and/or interest payments in another currency.
What is Currency Swap?
Key Features & Benefits
- Allows a customer to re-denominate a loan from one currency to another.
- Efficiently manage/Eliminate the Currency/interest rate risk.
- Swapping allows companies to revise their debt conditions to take advantage of current or expected future market conditions
Key Benefits of Choosing Federal Bank
- Dedicated Team for structuring solutions based on the customer requirements.
Eligibility
For More details and Eligibility , please write to us