This site uses functional cookies and external scripts to improve your experience. My settings Accept Webinars TCX holds regular webinars. In general these are meant for share- and stakeholders. Please find a number of recent webinars below. For an overview of webinars on local currency financing in the renewable energy and infrastructure sectors, please click here. TCX webinars Tajikistan Watch webinar TCX webinars Uzbekistan Watch webinar TCX webinars Angola Watch webinar TCX webinars Tunisia Watch webinar TCX webinars Botswana & Namibia Watch webinar TCX webinars Introducing the TCX FI Watch webinar TCX webinars Myanmar Watch webinar TCX webinars Local-currency developments in Africa in Corona times Watch webinar TCX webinars Webinar sobre Paraguay Watch webinar TCX webinars West African CFA franc Watch webinar Posts navigation 1 2 … 5 » Interested in finding out what TCX can do for you? Start a conversation Follow us Careers Contact Frequently Asked Questions Investor login Your settings Privacy statement Cookie policy Disclaimer

This site uses functional cookies and external scripts to improve your experience. My settings Accept Products TCX exclusively offers cross-currency hedging products, which are essentially agreements between two parties to exchange two currencies at a specific time in the future. TCX generally offers two type of products: Forward contracts are agreements to purchase or sell a set amount of a foreign currency at a specified price and at a predetermined time in the future. Typically, with this product a client sells a single, local currency, fixed amount and in return receives a fixed amount in US dollars from TCX at an exact date in the future. Cross-currency swaps are products under which two parties agree to exchange multiple fixed amounts (normally a loan principal and interest amounts) denominated in two different currencies. Again, usually the clients agrees on selling local currency amounts to TCX, which in exchange pays US dollars. A cross currency swap can be described as a series of forwards bundled together. The interest paid on a local currency leg of a cross-currency swap can be fixed or floating. ‘Floating’ in this regard means that the interest rate moves with a benchmark interest rate. TCX normally offers non-deliverable products where all cash flows, despite being denominated in local currency, are settled in USD. By doing so, a ‘synthetic’ local-currency loan is created. Deliverable contracts, where all cash flows are in local currency, are available upon request and only for specific currencies. Share this page Interested in finding out what TCX can do for you? Start a conversation Follow us Careers Contact Frequently Asked Questions Investor login Your settings Privacy statement Cookie policy Disclaimer