A callable swap is an interest rate swap that can be called by adcb at certain predefined dates during the life of the trade. The client is hedged against rising rates as they pay a fixed rate and receive floating.
Flexible tenures in months 1, 2, 3, 6, 9, 12, 13 and days 50, 75, 100, 150, 200, 375, 400, 500. Enjoy an attractive interest rate on adcb online century deposits. Overdraft facility of up to 90 of fixed deposit to meet any immediate needs.