BlueGamma
  • Getting Started
  • Setting up your account
  • Features Overview
  • Interest Rate Swaps
    • Overview
    • Calculating a Swap Rate
    • Calculating the MtM of a Swap
    • Refinancing a Swap
    • Advanced
      • Download a Custom Table of Swap Rates
      • Benchmarking a Swap Rate with a Bank
    • FAQs
      • How Forward Rates Are Calculated
      • How Discount Factors Are Calculated
  • Forward Curves
    • Overview
    • Downloading a Forward Curve
    • Downloading Historic Forward Curves
    • Advanced
      • How to Access BRL Forward Curves and Download TLP Forecasts
    • FAQs
  • Government Bonds
    • Accessing Bond Yields
    • Accessing Forward Starting Bond Yields
  • Foreign Exchange
    • Downloading FX Forward Rates
  • Cross Currency
    • Overview
    • Pricing a Cross-Currency Swap
  • Integrations
    • Excel Add-in
      • Installation & Setup
      • Get Swap Rates
      • Get Discount Factors
      • Get Forward Rates
      • Get Swap Rate by ID
    • API
      • API Reference
      • How to Guides
        • Fetching a Swap Rate
        • Fetching Historical Swap Rates
        • Getting Forward Rates
        • Getting a Forward Curve
        • Getting Discount Factors
        • Validating BlueGamma API Data Against Bloomberg or Other Platforms
  • Accounts and Plans
    • Adding and removing seats
  • FAQs
    • Currency-Specific FAQs
    • Where does your data come from?
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On this page
  • Key Features:
  • How to use
  1. Interest Rate Swaps

Refinancing a Swap

Pricing swaps in a refinancing can be complex, but our intuitive web-based tool simplifies the process, allowing you to accurately assess the benefits of refinancing with just a few clicks!

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Last updated 4 months ago

Key Features:

  • Monitor MtM of Swaps: Keep an eye on your swaps' mark-to-market values.

  • Break Cost Estimation: Calculate the total cost, including charges, for breaking a swap.

  • Blending and Extending: Estimate costs associated with blending and extending swaps.

How to use

We will step through each of the 7 steps to this to understand the refinancing rate!

1. Navigate to ‘Refinancing’ on the main menu.

2. Start a New Project:

  • Click the ‘Add Project’ button.

3. Define Your Swap Details:

  • Enter a project name.

  • To create a new swap, click ‘Create a new swap’. Alternatively, select an existing swap by clicking ‘Select a saved swap’.

  • Complete the swap details and click ‘Add Project’ to proceed.

4. Set Up the Notional Profile:

  • Click ‘Generate Schedule’ to download a date-scheduled template.

  • Input your notional values in column C of the template.

  • Save the updated file and upload it back to the app using the ‘Upload Schedule’ button.

5. Monitor Pricing:

  • You will see updated MtM values once the schedule is uploaded.

6. Explore Blending and Extending Options:

  • Click ‘Add Project’ if you wish to adjust your swap further.

  • Choose a pre-saved profile from ‘New Hedging’ or create a new swap by entering its details.

  • For new swaps, download the ‘Pricer’, input your notionals in the ‘New Swap’ sheet, and upload the completed Pricer back to the app.

7. Review Pricing for Blending and Extending:

  • Check out the detailed cost breakdown and make informed decisions about your refinancing strategy.

Exploring Additional Costs:

To delve deeper into the impact of bank charges on your blended and extended rate, download the Pricer and adjust variables such as credit charges, execution fees, and other relevant expenses. This feature allows you to see how different cost factors influence the overall rate, helping you make even more informed decisions regarding your refinancing strategy.