Yinson Annual Report 2020

287 Annual Report 2020 32. Loans and borrowings (continued) The remaining maturities of the loans and borrowings as at the reporting date are as follows: (continued) Interest rate terms Denominated currency Total carrying amount On demand or within one year More than 1 year and less than 2 years More than 2 years and less than 5 years 5 years or more Group RM’000 RM’000 RM’000 RM’000 RM’000 At 31 January 2019 Secured Term loans Floating rates varies based on LIBOR* USD 2,976,313 228,971 268,221 1,082,189 1,396,932 Revolving credits Floating rates varies based on COF USD 413 413 - - - Unsecured Revolving credits Floating rates varies based on KLIBOR RM 43,797 43,797 - - - Floating rates varies based on LIBOR USD 127,832 127,832 - - - 3,148,355 401,013 268,221 1,082,189 1,396,932 * Certain floating rate bank loans of the subsidiaries are hedged by a series of USD interest rate swap contracts with banks (Note 37(b)).