Mexican Peso Unidades de Inversion Rate Swap
The terms and conditions of the swaps incorporate by reference such credit and other terms as the parties may establish through their pre-existing bilateral agreement. The swaps have the following characteristics:
Currency: | Mexican Peso (MXN) |
Floating Rate Indexes: | Unidades de Inversion (UDI) |
Stated Start Date Range: | As negotiated between the parties Spot & Forward starting, and broken dates (bespoke tenors) |
Optionality: | No |
Dual Currencies: | No |
Conditional Notional Amounts: | No |