5 Year Callable Range Accrual on Fixed Rate Debt
Dec, 2003
Notional Amount |
USD 100 million |
Client Pays |
6-month USD LIBOR |
Client Receives |
5.75% fixed |
Year 1 |
Max {(7.25% - 6MLIA), 0} |
Year 2 |
Max {(9.25% - 6MLIA), 0} |
Year 3 |
Max {(10.25% - 6MLIA), 0} |
Year 4 |
Max {(11.25% - 6MLIA), 0} |
Year 5 |
Cancellation / Call |
The Bank (Fixed Side Payer) has the right to cancel this swap after paying accrued interest at the end of 1 Year and every semi-annual payment date thereafter. |
  
Any comments and queries can be sent through our web-based form.
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a d v e r t i s e m e n t
