A U.S. bank has deposit liabilities denominated in euros that must be repaid in 2 years. The deposits pay a fixed interest rate of 4%. The bank took the money raised and converted it to dollars, whereupon it lent the dollars to a corporate customer who will repay the bank over the next two years in dollars at a variable rate of interest equal to LIBOR +3%. The interest rate earned may change every six months. Design a swap that the bank could use to reduce their risks.