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Tho years ago Sireshee Cop. entered into a S year cross currency interest rate swap to recehe Euros and war US dolars Sweshee has just
Tho years ago Sireshee Cop. entered into a S year cross currency interest rate swap to recehe Euros and war US dolars Sweshee has just decided to unwind the map today thee yeas behre matunity Hour much does Sveshee receie in cash from its swap counterparty today? Briety interpret the result. Al date for this swap are provided below. + USD-denominated nabonal pracipal two years ago = 511.200.000 EUR-denominated notional principal two years ago = 610.000.000 35 jear swap rates hvo years ago.: bid = 1.30% ash - 1.348 * 65 year swap rates no years ago: bid = 0.85% ask = 0.898 Current spot rate (5/C/ = $1.1860/6 * Current S interest rate for all maturities = 1.36% Current Interest rate for all maturities = 1.208
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