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| Treasury Products |
correspondent banks | introduction
Spot Transactions |
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Products
are offered both to banks and customers. Settlement of currencies are delivered promptly to the
clients. |
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| Forward Contract |
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These are hedging
products that are offered to both corporates and the interbank
market at very competitive prices. Quotations are between 30
days to 1 year renewable. |
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| Currency Swaps |
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This
product is available to customers and the interbank market.
Those with surplus currency can access liquidity in another
currency at very competitive interest rate differentials.
Counter value currencies are delivered promptly. |
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| Treasury Bonds |
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We
invest in the Treasury bills market on behalf of our clients
at very competitive fees.
We also Buy and Sell treasury Bonds
and Corporate Bonds at very competitive rates. |
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| Repurchase Agreement |
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We invest
on behalf of our clients in the repo market at very minimal
fees. |
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| Treasury Sales and Purchases |
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To
ensure value addition to our clients, our Treasury sales desk
keeps a constant touch with our customers to ensure that they
take advantage of the movements in exchange rates. |
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