Interest Rates Swap

By entering into an Interest Rate Swap (IRS) to pay fixed and receive floating rate, a company can effectively create a fixed interest rate on its loan.

Features & Benefits

  • An IRS is an agreement between two parties to exchange interest payments, based on a nominal principal, over a certain period of time. One party will pay a floating rate and the other party will pay a fixed rate
  • Suitable for corporate with floating rate loans/liabilities
  • A defensive and conservative hedging strategy for hedgers who wish to protect against rising interest rate risk
  • Simple and straightforward hedging solution
  • Allows hedger to convert his floating rate loan into a synthetic fixed rate loan, thus enabling him to know his interest costs with certainty
  • No exchange of notional amount, only exchange of interest payments
  • No upfront fees payable
  • Available in different currencies (for example, SGD, USD, EUR, JPY. etc) and available to hedge against different floating rate market indices (such as SGD Swap Offer Rate, USD Libor, EURIBOR etc)
  • Tenor of IRS ranges from 1 year to 15 years

Apply Now

To apply, all corporations have to set up a Swap Line with the Bank. The Swap line states the maximum amount and tenor that you may contract at any one time.

More Information

To apply, all corporations have to set up a Swap Line with the Bank. The Swap line states the maximum amount and tenor that you may contract at any one time.
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  • Visit us at:

    United Overseas Bank Limited
    Corporate Sales
    80 Raffles Place
    5th Storey UOB Plaza 1
    Singapore 048624