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Loans with rates fixed in advance to manage interest rate risks
As interest rates regularly change, borrowing at a rate fixed when the loan agreement is signed is a major advantage for long-term budgeting and planning, especially for large-scale projects.
Objectives
- Mitigate the risk related to increases in interest rates and secure the amounts of loan repayments
- Facilitate budget planning for projects for which the deadline date for the disbursement of funds is known with a high degree of certainty
Am I eligible?
You are leading a large-scale project aligned with the Sustainable Development Goals (SDGs).
You represent:
- A State
- A public entity benefiting from the State guarantee
Your country is on the OECD DAC list of countries eligible for ODA.
To find out about our solutions tailored to your needs
Benefits
- Facilitates access to financing for long-term projects
- Two loan options tailored to your financing requirement
- Personalized support throughout the project lifespan
Type: Loan option
Rate fixed in advance 1: Rate fixed in advance applicable to all the amounts paid from the tranche fixed in advance, from the first euro (with a limit of 70% of the loan amount for each tranche 1)
Rate fixed in advance 2: Rate fixed in advance applicable to all the amounts paid from the tranche fixed in advance, from the first capital maturity:
- During the payment period and up to the date of the switch to a fixed rate, application of a variable rate
- As of the date of the switch to a fixed rate (date of the first capital maturity), application of the forward swap rate, depending on the target profile
The rates for the rates fixed in advance 1 and 2 may be fixed between the signing date (5 business days before the signing date) and 2 business days before the first disbursement.
Currency: EUR, USD
Minimum loan amount: €5 million or $10 million
Other characteristics: Consult the characteristics defined for the loan
Grace period: Consult the grace period defined for the loan
