Domestic Operations

Apart from activities pertaining to management of funds and liquidity, the domestic treasury also handles financial instruments like

• Commercial Papers (CP)
• Certificate of Deposits (CD)
• Government Securities
• Treasury Bills (TB)
• Bonds and Debentures
• Equities and various other derivatives

The products and services offered by SITB cater to the inter-bank market as well as to the corporate customers of the bank. The bank is an active participant both in the inter-bank market and the corporates for all the products.

The bank offers its customers - including firms, companies, corporate bodies, institutions, provident funds trusts, regional rural banks, urban cooperative banks and non-banking financial companies -opportunities to invest in Government Securities as allowed by Reserve Bank of India for non-competitive bidding.

Prospective investors may contact Treasury Branch, Mumbai, Baroda Sun Tower, 4th & 5th Floor, C-34, G Block,

Bandra Kurla Complex, Bandra (E), Mumbai-400051.

Tel : 022 66363674

Mail : treasu.mkt@bankofbaroda.com

Derivatives

As an OTC product, the bank also arranges for hedging interest rate risks or currency risks by offering Interest Rate Swaps (IRS), Forward Rate Agreements (FRA) or Currency Swaps, with reference to acceptable benchmark rates. Bank of Baroda also offers derivative products like Options and Swaptions for obtaining protection against adverse movements in exchange and/or interest rates, while retaining the advantage of higher profit from favourable movements.

All “B” Category foreign exchange authorised branches of the bank are authorised for this purpose. Customers can contact “B” Category authorised branches or Derivatives Desk in Treasury Branch, Mumbai, Baroda Sun Tower, 4th & 5th Floor, C-34, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-40005

Tel :022 66363645, 66363644,

Fax :022-67592840