These are some of the products we provide, we also can tailor products that fit your need.
Exchange Rate related products
Today, Tomorrow, Spot
- Today Transaction is foreign exchange transaction of a currency pair to be settled on the same day of the transaction date.
- Tomorrow Transaction is foreign exchange transaction of a currency pair to be settled in one business day after the transaction date.
- Spot Transaction is foreign exchange transaction of a currency pair transaction to be settled in two business day after the transaction date.
ForwardForward transaction is foreign exchange transaction that trades a currency pair on a specific date in the future with an agreed rate.
Currency SwapAlso known as Swap, is a transaction that trades a currency pair in an agreed amount and rate while at the same time agrees to reverse the transaction on a specific date in the future with an agreed rate.
FX OptionIs a contract in which the holder acquires the right (not the obligation) to buy or sell a specific foreign currency against Rupiah or other currency at a strike price for a specified period of time, where the buyer paying or the broker accepting a premium.
Interest Rate related products
Interest Rate Swap (IRS)A contract of exchange/change in interest payment from floating rate to fixed rate, and vice versa. The principal is not exchanged under the IRS. The interest rate is floating and determined by a benchmark interest rate agreed upon LIBOR (London Interbank Offer Rate), SIBOR (Singapore Interbank Offer Rate) and SBI (Sertifikat Bank Indonesia).
Forward Rate Agreement (FRA)A contract between two parties to determine a forward interest rate at a fixed rate for a pre-determined future date.
Interest Rate Cap & FloorAn instrument to create the maximum/ceiling of the interest rate paid (Interest Rate Cap) or a minimum interest received (Interest Rate Floor) against an unfavorable trend in changing interest in changing interest rate.
Exchange Rate and Interest Rate Bundling
Cross Currency Swap (CCS)A contract between two parties to exchange payments in different currency for a pre-determined future date. At maturity the notional principal will be re-exchanged rates agreed on the contract date.
Government Bond (SUN & ORI)We provide bonds in Rupiah and other foreign currency and payments of interest and principal with relatively high rate of return for medium and long term investment.
Sertifikat Bank Indonesia (SBI)Short term securities denominated in Rupiah issued by Bank Indonesia (BI). This product is best suited for those looking a relatively high rate of returns in a short period of time.
Bank Mandiri also provides other products customized to fit your company's needs.