Entering Foreign Currency and Foreign Currency Swaps
On April 30, 2003 you enter a deal to exchange $1,000,000.00 JPY for $15,000.00 CAD at the LIBOR. The exchange rate is 7.25% for 1 year.
| Page | Field | Field Value |
|---|---|---|
|
Deal Detail page |
|
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|
|
Unit |
US001 |
|
|
Deal ID |
363 |
|
|
Instrument Type |
IRSWAP |
|
|
Transaction Date |
04/30/2003 |
|
|
Instrument Base Type |
Interest Rate Swap |
|
Interest Rate Swap Details |
|
|
|
|
Commencement Date |
05/02/2003 |
|
|
Term |
367 |
|
|
Maturity Date |
05/03/2004 |
|
|
Amort Method |
Non Amortizing |
|
|
Swap Principals |
At Commencement |
|
|
Forward Rate Options |
Not a Forward Rate Agreement |
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Pay (group box) |
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|
|
Rate Type |
Fixed |
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|
Rate |
7.25 |
|
|
Interest Calculation |
Interest Bearing |
|
|
Day/Count Basis |
30/360 |
|
|
Notional Amount |
1,000,000.00 |
|
|
Currency |
JPY |
|
|
Receive (group box) |
|
|
|
Rate Type |
Floating |
|
|
Rate |
4.1 |
|
|
Interest Calculation |
Interest Bearing |
|
|
Day Count Basis |
Actual/360 |
|
|
Notional Amount |
15,000.00 |
|
|
Currency |
CAD |
|
|
Reset Index |
LIBOR |
| Page | Field | Field Value |
|---|---|---|
|
Interest Dates and Calculation |
|
|
|
|
Repeat Interest Dates |
Selected |
|
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Pay (group box) |
|
|
|
Interest Frequency |
Semi-Annual |
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|
Business Day Convention |
Modified Following |
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Receive (group box) |
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|
|
Interest Frequency |
Semi-Annual |
|
|
Reset Frequency |
Semi-Annual |
|
|
Reset Rate Index Tenor |
6 Month |
|
|
Business Day Convention |
Modified Following |
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Interest Calculation Pay |
Day Counted Interest Use Actual Interest Dates |
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Interest Calculation Receive |
Day Counted Interest Use Actual Interest Dates |
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Interest Date Rule — Pay |
Forwards from Issue Date |
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Interest Date Rule — Receive |
Forwards from Issue Date |
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|
Pay +/- Date Rules (group box) |
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|
|
Payment Date |
Business Days-Paid in Arrears |
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|
+/-Payment Days |
0 |
|
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Receive +/- Date Rules (group box) |
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|
|
Payment Date |
Business Days-Paid in Arrears |
|
|
+/-Payment Days |
0 |
|
|
Reset Date |
Set in Advance |
|
|
+/-Payment Days |
0 |
|
|
Accounting Treatment |
Held to Maturity |
|
|
Counterparty |
USBNK |
|
|
Description |
1 year to 2004–05–03 Pay JPY 1.0m. @ 7.25% Receive CAD 15k. @ LIBOR |
|
|
Deal Status |
Open |
| Page | Field | Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
JPBNK |
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Our Settle Thru Account |
CHCK |
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Payment Method |
Electronic Funds Transfer |
|
|
Layout |
GENX |
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Counterparty's Instructions |
TJPN1 |
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Receipt Information |
||
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Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
USBNK |
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|
Our Settle Into Account |
CAN |
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|
Our Settlement Instructions |
USCA1 |
| Page | Field | Field Value |
|---|---|---|
|
Interest and Payment Dates |
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|
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate Interest Payment Currency |
Pay Interest 11/03/2004 (blank) 11/03/2004 36,451 -1,000,000.00 Selected 7.25 36,451.00 JPY |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate Interest Payment Currency |
Receive Interest 11/03/2004 05/02/2003 11/03/2003 -316.04 15,000.00 Selected 4.1 –316.04 CAD |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate Interest Payment Currency |
Pay Interest 05/03/2004 (blank) 05/03/2004 36,250.00 -1,000,000 Selected 7.25 36,250.00 JPY |
|
|
Leg Type Period End Date Reset Date Payment Date Amount Principal Balance Rate Set Rate Interest Payment Currency |
Receive Interest 05/03/2004 11/03/2003 05/03/2004 -307.13 15,000.00 Cleared (blank) -307.13 CAD |
| Page | Field | Field Value |
|---|---|---|
|
Cashflows |
|
|
|
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Settlement Date Description Amount Currency |
05/02/2003 Pay -1,000,000.00 JPY |
|
|
Settlement Date Description Amount Currency |
05/02/2003 Receive 15,000.00 CAD |
|
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Settlement Date Description Amount Currency Nominal Date Interest Date |
11/03/2003 Receive 36,451.00 JPY 11/03/2003 11/03/2003 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
11/03/2003 Pay -316.04 CAD 11/03/2003 11/03/2003 |
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Settlement Date Description Amount Currency Nominal Date Interest Date |
05/03/2004 Receive 36,250.00 JPY 05/03/2004 05/03/2004 |
|
|
Settlement Date Description Amount Currency Nominal Date Interest Date |
05/03/2004 Pay -307.13 CAD 05/03/2004 05/03/2004 |