An example of such a specialized credit product is the Real Exchange Rate Facility, or REX. The REX Facility allows debt issuers with exclusively local currency revenues to pierce the sovereign credit rating ceiling and access international debt markets at a far lower cost than would be available in traditional currency swap markets.

Taylor-DeJongh has created similar specialized and proprietary products to address:
• mean-reverting commodity price risks, and
• volatility in input-output price spreads and similar risks.

In each case, the structured product is tailor-made to efficiently mitigate risk and integrated into the overall project financial structure.