A cross-currency interest rate swap refers to a practice whereby a customer, based on exchange rate and interest rate movements in international capital markets, converts floating interest rate obligations in one currency into floating/fixed interest rate obligations in another currency, or fixed interest rate obligations in one currency into fixed/floating interest rate obligations in another currency.  

Product Advantages 

With this product, customers can manage exchange rate and interest rate risks associated with medium and long-term loans or debts, or match with their operational cash flows. 

Target Customers 

Institutional customers with debts in foreign currencies (EUR, AUD, JPY, etc.). 

Trading Timeframe 

1-10 years