Currency Swap – Buryecs Co (Mar Jun 2017)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Currency Swap – Buryecs Co (Mar Jun 2017)This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts December 1, 2020 at 6:00 am #597228 AnonymousInactiveTopics: 22Replies: 26☆Hello Sir, I would like to know what will be the percentage of interest payable by the counterparty and receivable by the Buryecs Co under question b(i). Thanks in advance December 1, 2020 at 8:01 am #597246 John MoffatKeymasterTopics: 57Replies: 54806☆☆☆☆☆Buryecs will receive bank rate from the counterparty, and will pay 4.6% to the counterparty.As a result, Buryecs will end up paying a net amount of bank rate – 0.6%. December 1, 2020 at 11:20 am #597264 AnonymousInactiveTopics: 22Replies: 26☆Thank you for the reply sir December 1, 2020 at 3:01 pm #597285 John MoffatKeymasterTopics: 57Replies: 54806☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Currency Swap – Buryecs Co (Mar Jun 2017)’ is closed to new replies.