Emerging Markets Rates and Currencies Handbook

95 Citi | Emerging Markets Currencies Handbook 2021 Market opening hours and liquidity during the day 15.00 09.00 12.00 Good Liquidity No Liquidity Moderate Liquidity Fixing (incl. ticker) No Fixing. Regulation Offshore restrictions No restrictions. Non-resident restrictions Foreign investors are not subject to any restrictions regarding FX transactions. License requirements None required for corporate clients. Requirements to open a foreign currency account Local and foreign entities are allowed to open USD accounts. Deal Management Rollover : Rollover is not allowed. Unwinding : Unwinding is permitted. Early Maturity : Not allowed for FX transactions. Documentation Requirements Product specific Spot transactions: KYC in place is required. Trade flows No local law documentation requirements for FX transactions. Banks need to report all FX trades with clients to the Central Bank. Capital flows/FDI No local law documentation requirements for FX transactions. Citibank Haiti 75, Angle Boulerd Toussaint Louverture Et Rue Freres Simmonds Port-au-Prince, Haiti FX Sales Contact: +509 2299 3242 ht.fx@citi.com Haiti FX Spot FX Forwards NDFs FX Options Interest Rate Swap Interest Rate Options XCCY swaps Market Overview Onshore Offshore Onshore volume (MM USD daily) 6 to 12 N/A N/A N/A N/A N/A N/A Offshore volume (MM USD daily) N/A N/A Episodic N/A Episodic Episodic Bespoke hedge dependent Onshore max tenor (or typical tenor for spot) T+1 Typical, max tenor T+2 N/A N/A N/A N/A N/A N/A Offshore max tenor (or typical tenor for spot) N/A N/A 3 year N/A 10 year 10 year 5 year Onshore typical deal size (MM USD) 0.5 N/A N/A N/A N/A N/A N/A Offshore typical deal size (MM USD) N/A N/A 5 N/A Episodic Episodic Bespoke hedge dependent CitiFX Pulse Capabilities (onshore) CitiFX Pulse Capabilities (offshore) Source: Citi indicative information Note: Citigroup Inc. and any of its affiliates do not provide accounting, tax, or legal advice. Please seek advice from a relevant licensed advisor. Source: Relevant legislation, publicly available sources.