INTEREST RATE SWAP

/Tag:INTEREST RATE SWAP

Loss on interest rate swap can be capitalized?

For development of qualifying assets we took a loan from bank, as per ias 23, interest cost on loan taken for qualifying assets will be capitalized to those assets, as per the loan agreement interest rate was libor+1.5, initially libor was high so to c...

By |November 23rd, 2009|DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 23|7 Comments

Interest Rate Swap

Dear Experts, An Org has signed a IRS agrrement with a bank against floating int rate of term loan from another bank. Before the maturity of agreement period term loan is repaid and another loan obtained from another bank. Based on int cap and fluctuat...

By |February 21st, 2009|DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS 7|1 Comment