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Repos, Swaps |
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ASPIS BANK offers you the option of long or short-term deposits and investments with the following products:
Repos: An alternative product to term deposits, with lower taxation on interest. The client deposits his money for a predetermined duration and interest rate and "borrows" bonds for the same length of time. Daily negotiable with the bank depending on the availability of the bonds.
Synthetic swap: This product also presents an alternative to term deposits for companies or corporations keeping accounting books as it offers tax benefits.
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