Taiwan's Eva Air is planning to enter interest-rate swaps in which it pays fixed if Taiwan's central bank cuts rates again later this month. Philip Chan, junior v.p., finance in Taipei, said the airline wants to hedge floating interest-rate exposure on its loan portfolio. Some 70% of Eva Air's loan portfolio is floating rate, he added, declining to reveal the size of the portfolio. Eva primarily deals with J.P. Morgan Chase, Goldman Sachs and Morgan Stanley.
Taiwan Airline On Flight Path To I-Rate Swaps
