Brazilian Real Interest Rate Swap: Forward Rate Agreement
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: | Brazilian Real (BRL) |
Floating Rate Indexes: | CETIP CDI Rate |
Stated Termination Date Range: | As negotiated between the parties |
Optionality: | No |
Dual Currencies: | No |
Conditional Notional Amounts: | No |