Page 136 - EXIM-BANK-AR20

134 EXIM BANK MALAYSIA
Annual Report 2020

NOTES TO THE FINANCIAL STATEMENTS

9. DERIVATIVE FINANCIAL INSTRUMENTS (CONT’D.)
Fair value hedge (cont’d.)

Full details of hedging as follows: (cont’d.)
Group and Bank
2019

Notional Hedging instrument: Interest/Profit Rate Hedged item: Hedging Nature of
amount Swap MTN/SUKUK relationship risk

USD63 million Floating rate of 3 months Libor + 1.85% p.a. Fixed 3.509% Fair value hedge Interest rate
(receive fixed USD semi-annually/pay float USD per annum (payable
quarterly) semi-annually)
USD75 million Floating rate of 6 months Libor + 1.264% p.a. Fixed 2.874% Fair value hedge Profit rate
(receive fixed USD semi-annually/pay float USD per annum (payable
semi-annually) semi-annually)
USD75 million Floating rate of 6 months Libor + 1.2615% p.a. Fixed 2.874% Fair value hedge Profit rate
(receive fixed USD semi-annually/pay float USD per annum (payable
semi-annually) semi-annually)

USD75 million Floating rate of 6 months Libor + 1.26% p.a. Fixed 2.874% Fair value hedge Profit rate
(receive fixed USD semi-annually/pay float USD per annum (payable
semi-annually) semi-annually)

USD75 million Floating rate of 6 months Libor + 1.264% p.a. Fixed 2.874% Fair value hedge Profit rate
(receive fixed USD semi-annually/pay float USD per annum (payable
semi-annually) semi-annually)
USD50 million Floating rate of 3 months Libor + 1.01% p.a. Fixed 2.85% Fair value hedge Interest rate
(receive fixed USD semi-annually/pay float USD per annum (payable
quarterly) semi-annually)

USD50 million Floating rate of 3 months Libor + 1.00% pa Fixed 2.66% Fair value hedge Interest rate
(receive fixed USD semi-annually/pay float USD per annum (payable
quarterly) semi-annually)

USD100 million Floating rate of 3 months Libor + 1.40% p.a. Fixed 4.25% Fair value hedge Interest rate
(receive fixed USD annually/pay float USD per annum (payable
quarterly) annually)
USD37.3 million Floating rate of 3 months Libor + 1.70% p.a. Fixed 3.01% Fair value hedge Profit rate
(receive fixed USD half yearly/pay float USD per annum (payable
quarterly) semi-annually)
USD150 million Floating rate of 3 months Libor + 1.16% p.a. Fixed 2.48% Fair value hedge Interest rate
(receive fixed USD semi-annually/pay float USD per annum (payable
quarterly) semi-annually)