TERMIUM Plus®

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INTEREST RATE CAPPING AGREEMENT [1 record]

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Record 1 1999-02-17

English

Subject field(s)
  • Financial Institutions
  • Loans
CONT

Interest rate guarantee floats (also known as interest rate capping agreements) are also a form of interest rate option. In these arrangements an institution, for a fee, guarantees the interest rates on a loan which can be made by another institution. Should the rate charged on the loan go beyond the guaranteed rates, the guaranteeing institution makes up the difference.

French

Domaine(s)
  • Institutions financières
  • Prêts et emprunts
CONT

D'autres formes d'options sur les taux d'intérêt comprennent les accords de plafonnement de taux d'intérêt et les contrats à taux d'intérêt plafond et plancher à la fois. [Bureau du surintendant des institutions financières].

Spanish

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