| anb is a major participant in the local inter-bank market, playing an active role in market making activities in the SAR money market and has also been active in trading and structuring off-balance sheet products.
In addition, ANB’s foreign exchange inter-bank desk has successfully captured a significant market share of the regional inter-bank foreign exchange flows.
Saudi Government Development Bonds (SGDB)
- Maturities from 2 to 10 years.
- Issued by SAMA (Saudi Arabian Monetary Agency) on a monthly basis for a period of 2, 5,7 and 10 years.
- Fixed earnings paid semi-annually.
- Liquid negotiable assets.
- Exempt from Zakat.
- Tradable in the secondary market.
- Attractive medium term investment opportunity.
- Secure guaranteed return over a fixed period, normally higher than money market deposits SGDBs require a minimum investment of SR50,000.
Government Issued Floating rate Notes and Bills
- Issued by SAMA on a weekly basis.
- Maturities from 4 weeks to 1 year.
- Tradable alternative to money market deposits.
Foreign Exchange Markets
- Local SAR market – Both Spot and Forward.
- Regional currencies market – GCC Currencies.
- Major Foreign Currency pairs and Cross Currency pairs.
Money markets - Deposits and Placements
- Local SAR market.
- Regional currencies market – GCC Currencies.
- Major Foreign Currencies.
Derivative markets
- Local SAR Market – Interest rate Swaps (IRS’s).
- Major Foreign Currencies - Interest rate Swaps (IRS’s).
- Major Foreign Currency Pairs – Foreign Exchange Options.
|
See also in Trasury Services