Derivative contracts clients can use to hedge against directional movements in interest rates, in exchange for a premium.
Advantages:
- The ideal instrument for hedging the risk of a rise in interest rates when one is in the position to take out a floating-rate loan, for example pegged to the TIIE (not including credit spreads)
- The client knows the maximum amount they will pay for the remainder of their loan, giving them greater cash flow certainty
Documents required for corporations
- Deed of incorporation (inscribed in the appropriate registry)
- Power(s) of attorney registered with the Public Registry of Commerce, when applicable
- Current official ID of representative(s)
- Electronic signature, when applicable
- Real beneficiary statement letter, when applicable
- Statement of tax compliance (no more than 1 month old), including:
- TAX ID (RFC)
- Population registry code (CURP)
- Tax address
- Economic activity
- Tax regime