OAR 441-505-3090
Interest Rate Swap Transactions


(1)

An Oregon bank may engage in interest rate swap transactions and pledge bank assets to counterparties to secure the transactions.

(2)

The Oregon bank’s aggregate risk exposure, at any time, to each of its counterparties shall not exceed the bank’s legal lending limit. The bank’s risk exposure under an interest rate swap transaction shall be estimated using any of the methods considered acceptable for national banks by the Office of the Comptroller of the Currency.

Source: Rule 441-505-3090 — Interest Rate Swap Transactions, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-505-3090.

Last Updated

Jun. 8, 2021

Rule 441-505-3090’s source at or​.us