FX Swap
Treasury and investment banking - FX Swap
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FX SWAP |
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  | FX Swap |
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A currency swap operation is the combination of two transactions: spot and forward. The product consists in the sale of one currency for another with settlement at spot value at the latest and the repurchase/resale with the settlement at the forward value. Both transactions are concluded at the same time and in the same volumes. The minimum volume for one transaction is 33.193,92 EUR / 1 million SKK* or the equivalent in another currency traded on the interbank market.
* using conversion rate 1 EUR = 30,1260 SKK
