Cross Currency Swap

  • cross currency swapcross currency swap

    A defensive and conservative hedging strategy to protect against both the Foreign Exchange and interest rate risks

Features & Benefits

Cross currency swap is an agreement to exchange interest payments in one currency for those denominated in another currency.

Tenor of cross currency swap ranges from 1 to 10 years.

  • Suitable for institutions with loans denominated in one currency, while its revenues are denominated in a different currency.

    For example, you have a USD floating loan but has only SGD revenues to service your USD loans. Hence, you are exposed to both FX and interest rate risks
  • A defensive and conservative hedging strategy for institutions who wish to protect against both FX and interest rate risks
  • Simple and straightforward hedging solution
  • Can be customised to meet your requirements:
    • There are both principal and interest exchanges in the respective currencies
    • No upfront fees payable
    • Available in different currency pairs (for example, USD/SGD, USD/JPY, EUR/GSD, etc) and available to hedge against different floating rate market indices (such as SGD Swap Offer Rate, USD Libor, EURIBOR, etc)

Apply Now

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

More Information

Visit us at:

United Overseas Bank Limited

Financial Institution Sales

80 Raffles Place

5th Storey UOB Plaza 1

Singapore 048624

Tel: 6233 6032