Glossary entry

Spanish term or phrase:

contrato de cobertura de tipos de interés

English translation:

interest rate hedging agreement

Added to glossary by Ana Vozone
Feb 18, 2020 04:52
4 yrs ago
30 viewers *
Spanish term

contrato de cobertura de tipos de interés

Spanish to English Bus/Financial Finance (general) Spanish/Catalán financing agreement
Good evening. This phrase occurs in a paragraph discussing a financing (facility) agreement:

En relación con el contrato de financiación denominado Facility Agreement, suscrito por Don Tal Fulano como prestataria, Doña Tal Fulana como garante y XXXX Compañía como prestamista, y el CONTRATO DE COBERTURA DE TIPOS DE INTERÉS previsto en la mí sitia (la Cobertura Original), se faculta expresamente al apoderado suscribir cualesquiera documentos...

Hopefully that's enough context. I'm proofreading a document, and I'm wondering if her/his option is legitimate: "the interest rate hedging agreement". Suggestions?

As always, a thousand thanks!
Proposed translations (English)
3 +4 interest rate hedging agreement
Change log

Mar 3, 2020 09:04: Ana Vozone Created KOG entry

Discussion

philgoddard Feb 18, 2020:
Yes!

Proposed translations

+4
3 hrs
Selected

interest rate hedging agreement

Interest Rate Hedging Agreements can be categorised into one of the following four categories: Swaps; Caps; Collars; and Structured Collars. These four products cover the range from relatively simple to being extremely complex. However, you may be entitled to claim against the bank for the mis-selling of any one of these products.
https://www.standard.co.uk/business/have-you-or-your-busines...

https://www.lawinsider.com/dictionary/interest-rate-hedging-...

Many more examples here:
https://www.google.com/search?sxsrf=ACYBGNTa0zFh1LW-n1prRaa-...
Peer comment(s):

agree Adrian MM. : https://www.proz.com/personal-glossaries/entry/4658686-contr...
6 mins
Thank you, Adrian!
agree John Rynne : or just "interest rate hedge"
33 mins
Thank you, John!
agree Luis M. Sosa : Absolutely right. With John, you can drop agreement, for these transactions normally imply an agreement, so the term may well be redundant.
5 hrs
Thank you, Luís!
agree Richard Cadena
16 hrs
Thank you, Richard!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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