The below table summarises the borrowing costs confronting two companies A and B.
|Bond Market Yields|
|Fixed Yield to Maturity (%pa)||Floating Yield (%pa)|
|Firm A||2||L - 0.1|
Firm A wishes to borrow at a floating rate and Firm B wishes to borrow at a fixed rate. Design an intermediated swap (which means there will actually be two swaps) that nets a bank 0.15% and grants the remaining swap benefits to Firm A only. Which of the following statements about the swap is NOT correct?