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Interest Rates Trading and Credit Structuring

Interest Rate Banner

Interest rate derivatives and fixed income securities provide you with solutions for managing and protecting investments and borrowings against adverse interest rate fluctuations. Our comprehensive range of innovative risk management and hedging solutions protect you from interest rate, currency, liquidity, commodity, equity and credit risks. We also provide you with the necessary market insights to scale your business growth.

Why you should partner with us

Clear direction

Get the right approach you need to follow for cross-border transactions

Easy to understand

We have access to the necessary expertise, capabilities and technology to provide simple, intuitive guidance for the transaction you want to perform

Expert Assistance

Get help with exchange control applications from a world-class team of experts

Solutions focused

Learn the documentation needed by the bank to perform your transactions
Our Offering

We offer the following fixed income securities, structured notes and interest rate derivatives, with a primary focus on emerging markets:

  • Government bonds: Government bonds offer relatively low risk compared to equities, as interest will be repaid provided the relevant governments do not default on their bonds.
  • Corporate bonds: These have higher growth potential than government bonds and are less vulnerable to inflation and interest rate increases.
  • Structured notes: These provide interest rate, foreign exchange, credit and equity enhanced structures.
  • Vanilla and structured interest rate swaps: These customised contracts are traded in the market between private parties.
  • Cross-currency interest rate swaps: Navigate the Nigerian market  through currency and interest rate swaps that bring together two parties with advantages in different markets.
  • Options: Including caps, floors, collars, swaps and exotics, options allow you to take advantage of market volatility.
  • Structured derivatives: These products help to mitigate interest rate, currency, credit, equity and commodities risks.


With our comprehensive range of interest rate products and services, we can meet your specific risk management and investment requirements.

How we can support you
  • Interest rate management: We provide interest rate risk management solutions to emerging market counterparties in G10 and local currencies, supported by our experience in emerging markets globally.
  • Emerging markets expertise: Our well-established presence and extensive local market operations in Africa contribute significantly to our emerging markets expertise, and provide access to various rates.
  • Market maker: We’re a leading market maker in rand interest rate products in South Africa, trading more than a third of flows in the market.
  • Global research: Through our global research capabilities, we provide analysis and insight into local conditions that impact interest rates.
  • Integrated approach: We take an integrated approach to managing financial markets risk, combining interest rate, currency, credit, equity and/or commodity risks to create customised solutions.
  • Innovative solutions: Our sales and structuring team develops solutions tailored to your specific appetite for risk, market view and tax obligations, in line with regional and international accounting, legal and regulatory frameworks.
  • Our Offering
  • How we can support you

We offer the following fixed income securities, structured notes and interest rate derivatives, with a primary focus on emerging markets:

  • Government bonds: Government bonds offer relatively low risk compared to equities, as interest will be repaid provided the relevant governments do not default on their bonds.
  • Corporate bonds: These have higher growth potential than government bonds and are less vulnerable to inflation and interest rate increases.
  • Structured notes: These provide interest rate, foreign exchange, credit and equity enhanced structures.
  • Vanilla and structured interest rate swaps: These customised contracts are traded in the market between private parties.
  • Cross-currency interest rate swaps: Navigate the Nigerian market  through currency and interest rate swaps that bring together two parties with advantages in different markets.
  • Options: Including caps, floors, collars, swaps and exotics, options allow you to take advantage of market volatility.
  • Structured derivatives: These products help to mitigate interest rate, currency, credit, equity and commodities risks.


With our comprehensive range of interest rate products and services, we can meet your specific risk management and investment requirements.

  • Interest rate management: We provide interest rate risk management solutions to emerging market counterparties in G10 and local currencies, supported by our experience in emerging markets globally.
  • Emerging markets expertise: Our well-established presence and extensive local market operations in Africa contribute significantly to our emerging markets expertise, and provide access to various rates.
  • Market maker: We’re a leading market maker in rand interest rate products in South Africa, trading more than a third of flows in the market.
  • Global research: Through our global research capabilities, we provide analysis and insight into local conditions that impact interest rates.
  • Integrated approach: We take an integrated approach to managing financial markets risk, combining interest rate, currency, credit, equity and/or commodity risks to create customised solutions.
  • Innovative solutions: Our sales and structuring team develops solutions tailored to your specific appetite for risk, market view and tax obligations, in line with regional and international accounting, legal and regulatory frameworks.