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Tatra banka

10.12.2016 17:38

Currency swaps

Currency swap is a temporary exchange of funds in one currency for another
while the exchange rate is fixed so that the currency risk is eliminated

  • temporary financing in another currency 
  • maturity extension of already made forwards
Advantages

Advantages

  • can be used for temporary financing in another currency 
  • used for maturity extension of already made forwards
  • currency risk elimination by exchange rate fixing
Details

Details

Since currency fund is a deposit in one currency and a loan in another currency of a given currency pair, exchange rate of the reverse conversion reflects interest income and expense of the two given transactions.

Conditions

Conditions

  • signed Treasury Business Conditions
  • minimum volume equivalent to EUR 30,000
  • maturity period 3 - 365 days
  • deal made between 8.30am and 4.00pm