Entering Domestic Currency and Foreign Currency Swaps
On April 30 you enter a deal to exchange $15,000,000.00 USD for $17, 500,000.00 CAD @ LIBOR. The exchange rate is 3.625% for 2 years.
| Page | Field | Field Value |
|---|---|---|
|
Deal Detail page |
|
|
|
|
Unit |
US001 |
|
|
Deal ID |
362 |
|
|
Instrument Type |
IRSWAP |
|
|
Transaction Date |
04/30/2003 |
|
|
Instrument Base Type |
Interest Rate Swap |
|
Interest Rate Swap Details |
|
|
|
|
Commencement Date |
05/02/2003 |
|
|
Term |
731 |
|
|
Maturity Date |
05/02/2005 |
|
|
Amort Method |
Non Amortizing |
|
|
Swap Principals |
Don't Swap |
|
|
Forward Rate Options |
Not a Forward Rate Agreement |
|
|
Pay (group box) |
|
|
|
Rate Type |
Fixed |
|
|
Rate |
3.625 |
|
|
Interest Calculation |
Interest Bearing |
|
|
Day/Count Basis |
30/360. |
|
|
Notional Amount |
15,000,000.00 |
|
|
Currency |
USD |
|
|
Receive (group box) |
|
|
|
Rate Type |
Floating |
|
|
Rate |
4.1 |
|
|
Interest Calculation |
Interest Bearing |
|
|
Day Count Basis |
Actual/360 |
|
|
Notional Amount |
17,500,000.00 |
|
|
Currency |
CAD |
|
|
Reset Index |
LIBOR |
| Page | Field | Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
USBNK |
|
|
Our Settle Thru Account |
CHCK |
|
|
Counterparty's Instructions |
USBKS |
|
|
Payment Method |
Wire Transfer |
|
|
Layout |
820 |
|
|
Receipt Information |
||
|
Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
USBNK |
|
|
Our Settle Into Account |
CHCK |
|
|
Our Settlement Instructions |
TUS01 |
| Page | Field | Field Value |
|---|---|---|
|
Interest and Payment Dates page |
|
|
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Pay Interest 11/02/2003 (blank) 11/03/2003 -271,875.00 -15,000,000.00 Selected (blank) 3.625 -271,875.00 0.00 USD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Receive Interest 11/02/2003 05/02/2003 11/03/2003 366,722.22 17,500,000.00 Yes (blank) 4.1 366,722.22 0.00 CAD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Pay Interest 05/02/2004 (blank) 05/03/2004 -271,875.00 -15,000,000.00 Yes (blank) 3.625 -271,875.00 0.00 USD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Receive Interest 05/02/2004 10/31/2003 05/03/2004 358,312.50 17,500,000.00 Yes (blank) 4.05 358,312.50 0.00 CAD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Pay Interest 11/02/2004 (blank) 11/02/2004 -271,875.00 -15,000,000.00 Yes (blank) 3.625 -271,875.00 0.00 USD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Receive Interest 11/02/2004 04/30/2004 11/02/2004 353,305.56 17,500,000.00 Yes (blank) 3.95 353,305.56 0.00 CAD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Pay Interest 05/02/2005 (blank) 05/02/2005 -271,875.00 -15,000,000.00 Yes (blank) 3.625 -271,875.00 0.00 USD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate from Reset Source Rate Amount Principal Payment Currency |
Receive Interest 05/02/2005 11/02/2004 05/02/2005 343,145.83 17,500,000.00 Yes (blank) 3.9 343,145.83 0.00 CAD |
| Page | Field | Field Value |
|---|---|---|
|
Cashflows page |
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|
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
11/03/2003 Pay -271,875.00 USD 11/03/2003 11/03/2003 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
11/03/2003 Receive 366,722.22 CAD 11/03/2003 11/03/2003 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
05/03/2004 Pay -271,875.00 USD 05/03/2004 05/03/2004 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
05/03/2004 Receive 358,312.50 CAD 05/03/2004 05/03/2004 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
11/02/2004 Pay -271,875.00 USD 11/02/2004 11/02/2004 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
11/02/2004 Receive 353,305.56 CAD 11/02/2004 11/02/2004 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
05/02/2005 Pay -271,875.00 USD 05/02/2005 05/02/2005 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
05/02/2005 Receive 343,145.83 CAD 05/02/2005 05/02/2005 |