Interest Rate Hedging
Manage interest rate and payment risk associated with individual or portfolio balance sheet positions through interest rate swap products.
- Convert floating rate debt to fixed rates or fixed rates to floating
- Can usually convert with no upfront premiums
Product Benefits
- More favorable prepayment scenarios, including the possibility of receiving payment to terminate a swap should your company's needs change before maturity
- Executing a swap is as simple as entering into an agreement with MidFirst Bank to exchange interest payments based on a defined principal amount and a defined term