Quick links

Treasury

Currency Swap

Is a currency trade with one currency converted into another and "swapped" back on a pre-determined date in the future.

Treasury Bills

Short term investment with a maximum investment period of 365 days.

Spot Deals

A currency trade settled within two business days of transacting:

 •  Same day, next day, spot 

Fixed Deposits

Placement of funds for a fixed period of time at an agreed rate.

Call Accounts

Placement of funds with no specified maturity period

Forward

A currency trade with the exchange rate fixed today for settlement on a pre- determined date in the future

  • Anything beyond two business days

Flexible Forward

Currency trade with the exchange rate fixed today where future settlement is within a pre-determined “draw-down period” of up to three months.