新用戶掃碼下載
掃碼下載APP
及時接收考試資訊及
備考信息
Advantages of swap_ACCA考試FM知識點
Advantages of swap_ACCA考試FM知識點來啦！2021年ACCA考試時間越來越近，小編為大家整理了Advantages of swap_ACCA考試FM知識點，希望能夠幫助到大家。
【科目】
ACCA-FM
【知識點】
Advantages of swap
Advantages of swap
·Why not terminate the original borrowing? – Saving transaction costs （termination fee, issue cost）. A bank normally arranges the swap and charge an arrangement fee, which is much lower than transaction cost.
·Swaps can be used to hedge against an adverse movement in interest rates. Say a company has a ￡200m floating loan and the treasurer believes that interest rates are likely to rise over the next five years. He could enter into a five-year swap with a counter party to swap into a fixed rate of interest for the next five years. From year six onwards, the company will once again pay a floating rate of interest.
·A swap can be used to obtain cheaper finance. A swap should result in a company being able to borrow what they want at a better rate under a swap arrangement, than borrowing it directly themselves.
以上就是小編為大家整理的Advantages of swapACCA考試FM知識點了，希望大家能夠認真學習，倒計時，預祝到家順利通過ACCA考試。
注：以上內容來自Tracy老師基礎班班
本文為正保會計網校在線原創文章，轉載請注明
· 更多資訊：
學員討論（0）
推薦閱讀
相關資訊
新用戶掃碼下載
京公網安備 11010802044457號