If the company thinks JPY 1M TIBOR is going to come down ( relative to the LIBOR ) or JPY 1M LIBOR is going to increase in the future ( relative to the TIBOR ) and wants to insulate from this risk, they can enter into a float-float swap in same currency where they pay, say, JPY TIBOR + 30 and receive JPY LIBOR + 35.

For example, you pay fixed 5. 32 % on the USD notional 10 million quarterly to receive JPY 3M ( TIBOR ) monthly on a JPY notional 1. 2 billion ( at an initial exchange rate of USD / JPY 120 ) for 3 years.

For example, you pay JPY 1M LIBOR monthly to receive JPY 1M TIBOR monthly on a notional JPY 1 billion for 3 years or you pay EUR 3M EURIBOR quarterly to receive EUR 6M EURIBOR semi-annually.

For example, you pay floating USD 3M LIBOR on the USD notional 10 million quarterly to receive JPY 3M TIBOR quarterly on a JPY notional 1. 2 billion ( at an initial exchange rate of USDJPY 120 ) for 4 years ; at the start you receive the notional in USD and pay the notional in JPY and at the end you pay back the same USD notional ( 10 millions ) and receive back the same JPY notional ( 1. 2 billions ).

The short answer to those questions is `` yes ''.

It is the gait of the human who must run to live: arms dangling, legs barely swinging over the ground, head hung down and only occasionally swinging up to see the target, a loose motion that is just short of stumbling and yet is wonderfully graceful.

And yet amid all the gay hedonism in Pilgrimage And Wander-Years is a cycle of short poems, `` Thoughts In Loneliness '', filled with brooding, melancholy, and sombre longing ''.

The short poems grouped at the end of the volume as `` Thoughts in Loneliness '' is, as Professor Book indicated, in sharp contrast with the others.

In short, the fictional private eye is a specialized version of Adam Smith's ideal entrepreneur, the man whose private ambitions must always and everywhere promote the public welfare.

In short, he is constantly concerned with the ethical effects.

In his recent book, Hurray For Anything ( 1957 ), one of the most important short poems -- and it is the title poem for one of the long jazz arrangements -- is written for recital with jazz.

Krim says, in short, that he is a suffering Jew.

It is a short course in Communese.

A requirement of reasonably honest administration may be politically uncomfortable in the short run, but it is politically essential in the long run.

Sacrifice will have to be made in some cases, but it is to the municipality's advantage to finance the change-over for a short period of time rather than pay interest on tax anticipation notes indefinitely.

This agreement is considered very good for such short time intervals.

The need here is most clearly felt and our capacity to recruit and train qualified volunteers in a short period of time is greatest.

Interim financing of construction costs is provided by a short term loan from The Chase Manhattan Bank.

If the lever is pulled to clear a signal or move a switch, the tappet moves a short distance lengthwise at the same time.

Rich in Christian and Moslem art, Istanbul is today a fascinating museum of East and West that recently became a seaside resort as well with the development of new beaches on the Bosphorus and the Sea of Marmara only a short distance from the center of town.

As shown in Fig. 4, an external antenna is placed over or around the patient and excited 3000 times a second with short 400-kc. bursts.

The central storage is near a main artery quite easy to reach with large transports on a short crescent swing, with fewer trucks in the residential streets.

It is convenient to classify a child's onset ages and completion ages as `` advanced '', `` moderate '' ( modal ), or `` delayed '' according to whether the child's age equivalent `` dots '' appeared to the left of, upon, or to the right of the appropriate short transverse line.

The growth center depicted here, in the distal phalanx of the second finger, is listed as the fifth of those in the seven short bones.

In some programs, treatment is concentrated over a short period of time, while in others, after the initial contact is established, flexible spacing of interviews has been experimentally used with apparent success.

`` Oh, it's that myth, about Orpheus and What is her name??

She said, `` My name is Songau and these girls are Ponkob and Piwen.

`` What is your name, boy??

`` My name is Dandy Brandon, missy.

Isfahan became more of a legend than a place, and now it is for many people simply a name to which they attach their notions of old Persia and sometimes of the East.

His name is Praisegod Piepsam, and he is rather fully described as to his clothing and physiognomy in a way which relates him to a sinister type in the author's repertory -- he is a forerunner of those enigmatic strangers in `` Death In Venice '', for example, who represent some combination of cadaver, exotic, and psychopomp.

that is, on the basis of his own sinfulness and abject wretchedness, Piepsam becomes a prophet who in his ecstasy and in the name of God imprecates doom on Life -- not only the cyclist now, but the audience, the world, as well: `` all you light-headed breed ''.

Operating as a one man police force in fact if not in name, he is at once more independent and more dedicated than the police themselves.

Within this frame of reference policies appropriate to claims advanced in the name of the Jews depend upon which Jewish identity is involved, as well as upon the nature of the claim, the characteristics of the claimant, the justifications proposed, and the predispositions of the community decision makers who are called upon to act.

When decision makers act within this frame they determine whether a claim put forward in the name of religion is to be accepted by the larger community as appropriate to religion.

`` What is your name ''??

Master Gorton, having foully abused high and low at Aquidneck is now bewitching and bemaddening poor Providence, both with his unclean and foul censures of all the ministers of this country ( for which myself have in Christ's name withstood him ), and also denying all visible and external ordinances in depth of Familism: almost all suck in his poison, as at first they did at Aquidneck.

Milton's name being fourth is neither too high nor too low to be assigned to the arbitrary action of vice-chancellor, proctor, master, or other mighty hand.

He had also learned to dispute extempore remarkably well, the main evidence for which of course is the presence of his name in the honors list of 1628/29.

The narrator is an Alsatian serving with the French Army, and he has the same name ( Berger ) that Malraux himself was later to use in the Resistance ; ;

Much more important is to grasp the feelings of the narrator ( whose full name is never given ) as he becomes aware of the disorganized and bewildered mass of French prisoners clustered together in a temporary prison camp in and around the cathedral of Chartres.

But it is tradition rather than the record which balks at the expunging of the Tammany name.

After the Griffin-Byrd political troup has completed the circuit in November in the name of a Pre-Legislative Forum, this is going to be the most politically oriented Legislature in history.

The big question is whether, in the name of a restored Chinese-Soviet solidarity, the Chinese will choose to persuade the Albanians to present their humble apologies to Khrushchev -- or get rid of Enver Hoxa.

It is the same ole same, tell me its name.

And the name Rayburn is one of the most dominant in the history of American politics for the last half century.

You name it, our industry is producing it, and it probably is made in different models.