We are often asked how a borrower can lock-in long-term rates today on debt maturing in one, two years or beyond. Long-term interest rates are rather attractive by historical standards, but the borrowers dilemma is the debt they want to hedge isn’t due for a couple of years or the project is in a construction […]
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If you haven’t heard, there’s a lot of buzz going on in the debt markets these days around the fact that something very strange is going on: interest rate swap rates are lower than their US Treasury counterparts. Huh? We understand if you have avoided some of the more technical stories on the topic in […]