Interest Rates

Standard Bank offers an integrated approach to the management of interest rate, credit and currency risks through its Global Markets, Derivatives Sales division. Relationships and expertise are drawn from the Banking, Resource Banking and Foreign Exchange divisions of Standard Bank to provide the most complete risk management solution to the client.

Derivatives Sales offers tailor-made interest rate and currency risk management solutions to counterparties in the emerging markets in G7 and local emerging market currencies. These solutions are structured to meet each client's appetite for risk, their market view and their need to comply with tax, accounting, legal and regulatory obligations. Derivative Sales aims to provide an ongoing sales service to its clients by monitoring and evaluating the appropriateness of trades entered into with respect to changing market and regulatory conditions. In this respect existing trades can be restructured and new solutions developed to manage the client’s exposure more effectively.

Local Markets

Our Local Markets business is focused on those markets where we feel we can provide a superior service in respect of product innovation, accessibility or pricing.

Our extensive branch network in the Sub-Saharan region and our dominant position in South Africa gives us a core of excellence in African Local Markets. Over time we have expanded this expertise into Latin America, Asia, Russia and Eastern Europe with a local presence in each region. We provide access to these markets via Credit Linked Notes, Total Return Swaps or tailor made derivative products.

Money Markets

The Money Markets desk is part of the Global Markets division, and offers clients products in both cash and derivative form in all liquid currencies.

The desk offers clients a single point of contact for all interest rate hedging and trading needs. Cash products provided include deposits (fixed rate and floating rate), call accounts, certificates of deposit (fixed and floating rate; coupon-bearing and zero-coupon) and investment grade floating rate notes, all out to ten years. Derivative products provided include overnight index swaps, FRAs and interest rate swaps.