Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
file Foreign Exchange Risk in Microfinance

file Foreign Exchange Risk in Microfinance

Ratings: (0)|Views: 18 |Likes:
Published by anzraina

More info:

Published by: anzraina on Apr 04, 2008
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





Foreign Exchange Risk inMicrofinance
BlueOrchard Finance S.A.Ann MilesOctober 2006
Foreign Exchange Risk inMicrofinance
In October 2005 we discussed this sameissueSince then, we have made some significantprogress in addressing this problem forMFIsWe have also identified investors who maybe willing to take some FX exposure
Foreign Exchange Risk inMicrofinance
In April 2006 we closed BOLD (BlueOrchardLoans for Development), our 2
CollateralizedDebt Obligation for $99 Million20% of the BOLD transaction was in localcurrency for rates fixed for a period of 5 yearsThe currency risk was completely hedged for theinvestors with the use of swapsThe currencies included Mexican and Colombianpesos and Russian rubles

Activity (3)

You've already reviewed this. Edit your review.
1 hundred reads
ram liked this
divyeshba liked this

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->