Money Market Deposits
These are short term deposits with maturity of up to one year at fixed interest rate.
Products offered by NBC
- Fixed term deposits – a fixed amount for a fixed time at a guaranteed fixed rate of interest.
|Your needs...||NBC solution...|
|Wanting to secure investment with a fixed return over a fixed period.||Term deposit|
|Wanting to meet shortfall in cash position.||Repurchase agreement (Repos)|
Interest Rate Swap (IRS)
Offered to Financial Institutions and Corporate: a mutual agreement to exchange interest payments (floating rates for fixed rates or vice versa) at a fixed future date (or a series of future dates).
- Foreign Currency Loans are for clients who wish to hedge interest rate risk embedded in term / project loans.
- Foreign and Local Investment are for clients who wish to translate nature of investment from float to fix or vice versa
Solely offered to Financial Institutions when in need of borrowing excess liquidity
Solely offered to Financial Institutions when in need of investing excess liquidity.
Foreign Exchange Swaps
Offered to Financial Institutions and Corporate: a mutual exchange of foreign currency cash flows with an agreement to reverse the exchange at a future date (or series of dates) and fixed price.
SSI (Standing Settlement Instructions)
Standing Settlement Instructions for Non Account Holders: for non NBC client to transact Spot foreign exchange Execution with NBC Treasury.
Trading in Chinese currencies for clients doing business with China
Bidding in Government Securities On Behalf of Clients
Clients wishing to invest in Treasury Bills (Tbills) and Treasury Bonds (Tbonds) can do so through NBC
NBC deals with all major currencies, please contact our friendly professional dealers for an up to date rates and to cover your foreign exchange exposure.
Telephone: +255 763 980 500, +255 222 199 794;