Products & Services offered by
the Citibank^® Jamaica Treasury (CBJ) are as follows:

Foreign Exchange Liquidity Certificate

The FLC conveys on its holder the right, but not the obligation, to buy US$ (or other foreign currency) against Jamaica dollars (J$) at a specified maturity date in the future, being the exercise date of the certificate.

Bank of Jamaica Repurchase Agreements "BOJ Repos"

The BOJ borrows from the public by selling their own holdings of Government of Jamaica (GOJ) Local Registered Stock (LRS) to investors with an agreement to repurchase the instrument at par plus interest earned for the funding provided.

Securities Trading

The BOJ borrows from the public by selling their own holdings of Government of Jamaica (GOJ) Local Registered Stock (LRS) to investors with an agreement to repurchase the instrument at par plus interest earned for the funding provided.

Spot Foreign Exchange

CBJ Foreign Exchange provides the service of foreign exchange through trading the USD and other hard currencies. Written instructions for the payment/delivery of the currency are required.

Repurchase and reverse repurchase agreements

This "REPO" market allows for short term investment using the figure of a purchase and sale of a specified portion of Citibank^® owned paper. The signature of a Master Agreement is required.

F/X Forward

Forward transactions bear value dates in excess of 7 calendar days after the date of origination. There is no exchange of moneys prior to the value date specified on the contract. The Branch will negotiate forward contracts with tenors up to 365 days and due diligence documentation is required prior to negotiation.

Derivatives

Citibank NA Jamaica can create financial protection for corporations and financial institutions through Derivatives trading. We achieve this by offering a diverse suite of derivative products that will manage exposure to interest rates, hard currencies, equities, and commodities.

TARGET MARKET: Multinationals and local corporations, government & other public sector entities, financial institutions, funds managers and individuals.

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