An increase may indicate higher costs of hedging or a shift in interest rate risk management strategy, while a decrease suggests lower hedging costs or changes in market interest rate environments.
This represents the weighted average fixed interest rate applied to the notional value of derivative financial instrumen...
Peers in the industrial sector typically disclose these rates in the footnotes of their financial statements to explain interest expense volatility.
other_derivative_fixed_interest_rate| Q1 '24 | |
|---|---|
| Value | 3.6% |