Enter the Cross-Currency Interest Rate Swap (CCIRS)—a powerful tool that allows businesses to hedge against these uncertainties while aligning their liabilities with cash flows.

The cross-currency basis swap rate between euros and dollars is currently -50 bps. Said differently, this means that it is very expensive to convert euro payments into dollars at the moment.

A USDJPY 3-month cross-currency basis swap spread of -70 basis points, for example, means that there is no Japanese bank which is willing or able to borrow enough dollars by paying a 3-month Libor ...

As a dollar-based institution, IFC’s foreign bond issues are always swapped backed to the currency, meaning IFC entered a ...

Monthly EUR/USD cross-currency swaps increased 7% in January to $266 billion, versus the corresponding period in 2024, according to data from Clarus, an ION company that researches derivatives.

A cross-currency interest rate swap is an agreement between two parties to swap the principal and interest payments on a loan made in one currency for payments of equal value in another currency ...

XINHUA | A multi-polar international monetary system envisions a global financial architecture in which multiple currencies, ...

The euro-US dollar cross-currency basis swap was also the first non-cleared trade to be transacted in LCH's settlement-to-market framework. LCH STM enables variation margin to be treated as ...

Meanwhile in Bitcoin-only-land, a firm called Casa added support for the Ethereum blockchain last week and a cross-section of bitcoiners weren’t happy about it.

Central Bank Digital Currencies have the potential to make cross-border payments faster, better, and cheaper. That just took a big step forward. Newsletters Games Share a News Tip ...

Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six bankers told Reuters.