In a dynamic business environment, finding the right treasury management provider with the best solutions for your business is critical. We offer leading edge treasury solutions designed to take care of your growing business needs. You can count on NBO to provide you with flexible, innovative solutions to suit your changing requirements, tailor-made for the way you manage your business. With the right people, technology and knowledge, you can count on NBO to help you achieve optimum efficiency.

Foreign Exchange (Reuters dealing code: NBOO)

We are among the largest market makers in RO (Rial Omani) foreign exchange products. With a sizeable foreign exchange book, the bank caters for all foreign exchange needs of customers. NBO makes the market for all cross currencies against RO for cash as well as forward deliveries. We specialize in offering swap products for up to two years to hedge currency risk for customers. We have been offering competitively priced RO funding through spot and swap markets to foreign investors who have been investing in Oman. The significant depth in the RO money market and a tremendous local investor franchise gives us a pivotal position in Omani foreign exchange markets. We offer the following currency products:

• Currency notes
• Spot foreign exchange
• Foreign exchange swaps & outrights
• Vanilla currency options
• Barrier options
• Currency swaps

We offer round-the-clock currency vigils that include orders watching, market alerts and confirmation services. Equipped with ample warehousing capacity and keen execution skills, the foreign exchange desk can clear large orders at attractive prices.

Money Market

At NBO, we manage one of the largest RO money market desks in Oman. It offers continuous two-way prices on overnight and medium term depos and boasts a client list that includes the most prestigious pension funds, corporates and high net worth individuals. For select few customers, we offer direct dealing services which include regular updates on market rates, personalized deposit information and advice. Our arbitrage desk caters to clients' interest rate arbitrage needs by sharing insights gained through the bank's own investment and money market operations. The Money Market desk offers the following products:

• Call accounts
• Short term depos
• Long-term deposit products
• Arbitrage depos

Interest Rate Products

Amidst a general declining trend in interest rates globally over the last decade, interest rate volatility has been on the rise. To manage the volatility, customers need a reliable Treasury partner. With rich experience in managing our own book, we offer deep insights into interest rate risk management. At NBO, we offer the entire array of on-balance-sheet and traded off-balance-sheet hedge products including:

• Interest rate swaps
• Caps & collars
• Forward Rate Agreements (FRAs)
• Repos
• Swaptions

We are one of the most prestigious Primary Dealers as well as over-the-counter (OTC) agents for the Government Bonds market. We run a large book on its own account in addition to an active trading book.

Primary Markets

The Central Bank of Oman regularly issues medium term bonds denominated in RO on behalf of the Sultanate of Oman. Until now, NBO has issued close to US$1 billion in outstanding bonds. We provide the following primary market services to bidders:

• Application handling
• Investment advice
• Custodial services
• OMR funding & currency hedges
• Funding repos

Secondary Markets

We are one of the largest holders of Government Bonds and provide active two-way prices on a range of bonds. Our prices are also quoted on Reuters pages (NBOP/NBOO). We bring the following strengths to the table:

• Significant syndication capacity to distribute/bid bonds
• Firewalls between own activities and trading book that provide utmost client confidentiality
• 'T+0' accelerated trade settlement (subject to trade consummation by 9 am Oman time)
• Order watching

Structured Solutions

At NBO, we realize that customers may have unique requirements, precisely why we are fully geared up to provide tailor-made solutions in such cases. We pride in the fact that we have a record of delivering solutions designed to address specific customer problems. Our treasury experts chart alternate solutions and eventually implement the one that best fits the risk-reward profile of the customer. Our solutions are targeted at the following customer requirements:

• Liability structuring
• Currency and interest rate risk management
• Structured low cost loans
• Structured high yield investments
• Arbitrage investments
• Yield pick-up RO deposits