Investor Presentaiton
Capital management
Interest rate hedging profile
Hedge profile
$m
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
FY23
FY24
FY25
FY26
Net fixed debt
Interest rate swaps
Exchangeable Notes
Interest rate caps
-Weighted average hedge rate (excl margin)
1234
1.
Average amount hedged for the year (including caps).
2.
Including fixed rate debt (without credit margin).
3.
4.
43
Weighted average for the year, inclusive of fees and margins on a drawn basis.
Based on investor put date in FY24.
Dexus 2022 Annual Results Presentation
dexus
Hedging profile
30 June 2022
30 June 2021
3.0%
Average amount of debt hedged¹
65%
81%
Average amount of debt hedged excluding caps
58%
68%
2.5%
Weighted average interest rate on hedged debt²
1.5%
1.7%
2.0%
Cost of debt³
2.7%
3.2%
Weighted average maturity of hedges
5.9 years
5.1 years
1.5%
1.0%
FY27
17 August 2022View entire presentation