NOK 10,240,799.00

NOK 240,798.61

NOK 10,237,500.00

NOK 10,240,798.61

CHAPS

CHIPS

BOJ-NET

TARGET

Forward rate agreement (FRA) and non deliverable forward (NDF)

FX Swap and interest rate swap

Spot FX deal and non deliverable forward (NDF)

FX Swap and currency future

Confirmation of the exact processing time of the payment order with the central bank of your counterparty

The strict adherence to the cut-off times of your domestic payment system

Confirmation of the time of processing of the payment order with your own central bank

The strict adherence to the cut-off times for payments made worldwide

The funds must be in the nostro account of the beneficiary institution by close of business on the agreed upon value date

The funds must be in the nostro account of the beneficiary institution by the beginning of the next business day

The value of interest to be received is higher than the value of fees to be paid

The funds must be in the internal cash account of the clearing house by close of business on the agreed upon value date

The level of the prevailing market rates

If the funds are available on the nostro account of the bank

If they will be able to generate the outgoing payment

The availability on the country limit and the credit line of his counterparty

The valuation and transfer of collateral in general collateral (GC) repos only

The valuation and transfer of collateral in tri party repos only

The valuation and transfer of collateral in special repos only

The valuation and transfer of collateral in any type of repo

14 December

15 December

16 December

17 December

The maximum daily price change permissible on the futures exchange

A temporary suspension of trading at a futures exchange

The initial margin requirements at a futures exchange

The minimum fluctuation in price allowed for a futures contract as specified by the contract terms

Settlement risk

Translation risk

Replacement risk

Operational risk