Entering Foreign Exchange Deal Options

On January 4, 1999, you receive an option to purchase with a strike rate of 5%, a premium of 2,221 USD and a term of 240 days. Underlying the option is a foreign exchange deal physical to buy 7500 DEM at a spot rate of 1.4%, and sell 5000 USD at a forward rate of 1.5%. The FX deal spot date is January 5, 1999, with a term of 240 days.

Page Field Field Value

Deal Detail

 

 

 

Unit

US001

 

Deal ID

TOPTION

 

Instrument Type

FXAMCLPT

 

Transaction Date

01/02/1999

 

Line

1 of 2

 

Instrument Base Type

Option

Option Details

   

 

Start Date

01/04/1999

 

Term

240

 

Expiry Date

09/01/1999

 

Purchase/Write

Purchase

 

Option Status

Active

 

Strike Rate

5.0

 

Option Delta

1.0

 

Initial Intrinsic Value

0.0

 

Currency

USD

 

Premium Payments/Receipts (group box)

 

 

Payment Date

01/04/1999

 

Payment Amount

–2,221.00

 

Payment Currency

USD

 

Strike Rate

5.0

Deal Detail

 

 

 

Line

2 of 2

 

Instrument Base Type

FX Deal Physical

 

Contingent Upon Base Line

1

FX Details

 

 

 

Foreign (group box)

 

 

Buy

Selected

 

Currency

DEM

 

Amount

7,500.00

 

Domestic (group box)

 

 

Sell

Selected

 

Currency

USD

 

Amount

5,000.00

 

Spot Rate

1.4

 

Forward Rate

1.5

 

Spot Date

01/05/1999

 

Term

240

 

Maturity Date

09/02/1999

 

Portfolio

GTI

 

Accounting Treatment

Held to Maturity

 

Counterparty

USBNK

 

Issuer

USBNK

 

Guarantor

USBNK

 

Description

3 Years to 2006–05–02 Debt USD 450K @5%

 

Deal Status

Matured

 

Net Deal Settlement Cashflows

Selected

Page Field Field Value

Settlement Instructions page

   
 

Line

1

Payment Information

   
 

Our Settle Thru SetID

SHARE

 

Our Settle Thru Bank

USBNK

 

Our Settle Thru Account

CHCK

 

Payment Method

Wire Transfer

 

Layout

820

 

Counterparty's Instructions

USBKS

Receipt Information

   
 

Our Settle Into SetID

SHARE

 

Our Settle Into Bank

USBNK

 

Our Settle Into Account

CHCK

 

Our Settlement Instructions

TUS01

Settlement Instructions page

   
 

Line

2

Payment Information

   
 

Our Settle Thru SetID

SHARE

 

Our Settle Thru Bank

USBNK

 

Our Settle Thru Account

CHCK

 

Counterparty's Instructions

USBKS