Money Markets

DEPFA BANK’s money market desk is primarily responsible for managing the group’s liquidity risk and diversifying the short-term funding base. The team is based in Dublin, Frankfurt, Tokyo an New York. We are a leading participant in the international money markets. To develop and raise our profile on the international money markets, the team focuses on a number of areas:

• Liquidity Management up to two years
• Short-term debt issuance programmes
• DEPFA BANK's central bank refinancing operations
• DEPFA BANK's repo activity
• Short-term FX/interest-rate hedging strategies
• DEPFA BANK's cash collateral management.

In order to continue to diversify our funding base and give us increased market access we have established some domestic funding programs:

• Yankee CDs in the US
• French CP
• Swedish Domestic CP
• Canadian Domestic CP

We are actively involved in the interbank, euro/US commercial paper and repo markets, sourcing a range of currencies and maturities.

We are recognised as one of the leading and most innovative commercial paper issuers globally.