ttb interest rate swap

ttb interest rate swap is a product used to hedge against the interest rate fluctuation. The product allows clients to manage interest rate risk by exchanging floating interest to fixed rate or vice versa. There are generally 2 types of interest rate exchange.

  1. From Floating Rate to Fixed Rate
  2. From Fixed Rate to Floating Rate
Benefits
  1. To protect from interest rate volatility.
  2. To support clients’ interest cost management effectively.
Conditions

Juristic Persons

Documents Required

For Juristic Persons

  1. Certified copy of Company certificate
  2. Financial report
  3. Value added tax return under the revenue form (Por. Por. 30)
  4. Copy of List of shareholder’s names (Bor. Oe. Jor. 5)