Narrative
On 15 May 2000, ABN Amro Amsterdam, and HSBC London, engage in a Forward Rate Agreement in which ABN Amro is the seller of the contract and HSBC is the buyer.
On 15 October 1990, ABN Amro Amsterdam and HSBC London signed a 1987 version of the ISDA Master Agreement. The FRA falls under this master agreement.
The terms of the contract are:
 Agreement: |
ISDA |
| Currency/Amount: |
CHF 25,000,000 |
| Effective Date: |
15 July 2000 |
| Termination Date: |
15 January 2001 |
| Fixed Rate: |
4.00 (% p.a. on an actual/360 basis) |
| Floating Rate: |
6M LIBOR-ISDA |
| Payment to ABN AMRO Bank: |
|
| |
Account # 331-0987-2 ABN-Amro Zürich |
| Payment to HSBC: |
|
| |
UBS Zürich |
Information Flow
Message 1: SWIFT Message from ABN Amro
| Explanation |
Format |
|---|---|
| Sender |
|
| Message Type |
|
| Receiver |
|
| Message Text |
|
| General Information |
|
| Sender's Reference |
|
| Type of Operation |
|
| Common Reference |
|
| Type of FRA |
|
| Contract Number Party A |
|
| Party A |
|
| Party B |
|
| Type, Date, Version of the Agreement |
|
| Year of Definitions |
|
| Transaction Details |
|
| Trade Date |
|
| Currency, Notional Amount |
|
| Effective Date |
|
| Termination Date |
|
| Fixed Rate |
|
| Floating Rate Option |
|
| Designated Maturity |
|
| Floating Rate Day Count Fraction |
|
| FRA Discounting |
|
| Number of Repetitions |
|
| Financial Centre |
|
| Financial Centre |
|
| Financial Centre |
|
| Settlement Instructions for Settlement Amount Payable by Party B |
|
| Account With Institution |
|
| Settlement Instructions for Settlement Amount Payable by Party A |
|
| Account With Institution |
|
| End of Message Text/Trailer |
|
Message 2: SWIFT Message from HSBC
| Explanation |
Format |
|---|---|
| Sender |
|
| Message Type |
|
| Receiver |
|
| Message Text |
|
| General Information |
|
| Sender's Reference |
|
| Type of Operation |
|
| Common Reference |
|
| Type of FRA |
|
| Contract Number Party A |
|
| Party A |
|
| Party B |
|
| Type, Date, Version of the Agreement |
|
| Year of Definitions |
|
| Transaction Details |
|
| Trade Date |
|
| Currency, Notional Amount |
|
| Effective Date |
|
| Termination Date |
|
| Fixed Rate |
|
| Floating Rate Option |
|
| Designated Maturity |
|
| Floating Rate Day Count Fraction |
|
| FRA Discounting |
|
| Number of Repetitions |
|
| Financial Centre |
|
| Financial Centre |
|
| Financial Centre |
|
| Settlement Instructions for Settlement Amount Payable by Party B |
|
| Account With Institution |
|
| Settlement Instructions for Settlement Amount Payable by Party A |
|
| Account With Institution |
|
| End of Message Text/Trailer |
|
