spotforeignexchange
Spot foreign exchange is right for you if you need foreign currency within 2 working days. A spot deal is an agreement between you and us for the sale/purchase of a specific amount of foreign currency at a specified exchange rate for delivery in two working days.
- It's flexible. With no minimum deal value, your business has the flexibility to exchange any foreign currency that you need.
- It's versatile. Deals can be booked in any two of 16 currencies.
- No surprises and no separate commission fees. The cost of the deal is determined by the exchange rate applicable to that transaction.
forwardforeignexchange
Eliminates the risk of currency fluctuations with our forward foreign exchange solution. A forward exchange contract rate is based on the prevailing spot rate, plus or minus a premium or discount, which is determined by the interest rate differential between the two currencies involved.
- It's a simple and safe way to manage foreign exchange risk
- Forward foreign exchange contracts give you the ability to fix a future currency exchange at a fixed rate, so you can plan ahead
derivatives
Hedge foreign exchange risk with our derivative products. A derivative is an instrument of which the price is derived from one or more underlying instruments. The underlying asset is often a financial asset or rate, but it does not have to be. The derivative itself is a contract between two parties and the contract value is determined by fluctuations in the underlying asset.
- Foreign currency derivatives is used for currency speculation and arbitrage or for hedging Forex risk.
- Interest rate derivatives are utilised to either hedge or speculate on the movement of interest rates.
- Commodity derivatives are financial instruments whose value depend on that of commodities, such as grains, energy or metals.
liquidassetmanagement
Grow your money. We offer treasury bonds, treasury bills, treasury and term deposits at competitive rates. Partner with us and enjoy easy access to funds when you need them.
Treasury bonds
- These are government securities with the longest maturity ranging from 20 to 30 years
- Treasury bonds have a coupon payment every 6 months
- Treasury bonds are commonly issued at a discount at maturity of 20 years or more
Treasury bills
- These are similar to treasury bonds, but have maturity periods of one year or less
- Common market convention is pegged at 91-day, 182-day and 364-day bills
marketmaking
Are you interested in market making?
Get the best currency deals. We deal with currency trading in both international and local interbank markets.
We deal in currency trading in international and local interbank markets.
Contact us for more information or to get started.
Number: +255 22 228 2037
Need more help?
Call us:
0800750078 (Toll free)
+255 (0)746 882 000 (Network charges apply)
Email us:
talktous@absa.co.tz
