European Rates

The newly-established European Rates Trading Desk, consists of 22 dedicated professionals based in London and places Jefferies among the leading Government, Supranational and Agency bond market makers with a presence on all major electronic trading platforms in the US, Europe and Asia.

In addition to Jefferies being designated a Primary Dealer by the Federal Reserve Bank of New York in June 2009, we were also appointed as an official member of the Federal Republic of Germany's bidding group in October 2009, a Gilt-edged Market Maker (GEMM) jointly by the UK Debt Management Office and London Stock Exchange and as a Dutch Primary Dealer by the Dutch State Treasury, both in December 2009. Additionally, in February 2010 we were appointed as an EBT (Especialistas em Bilhetes do Tesouro) for Treasury Bills and as an OMP (Operadores de Mercado Primário) for long-term bonds by the Portuguese Treasury and Government Debt Agency (Instituto de Gestão da Tesouraria e do Crédito Público, IGCP). Jefferies is also providing liquidity across the whole spectrum of other European government bonds.

Jefferies is grateful for the above mentioned appointments and sees this as further recognition of our commitment and capabilites as a strong liquidity provider in European Rates markets.

Jefferies also continues to develop a strong European presence in Agency, Supranational, Covered Bond and Structured Note markets.

Clients can access Jefferies' liquidity through all of the main electronic distribution channels; Bloomberg [JEFX], Tradeweb, Bondvision, Reuters [JEFX] and MarketAxess.

For further information, call the European Rates Trading & Sales desk: +44 (0)207 898 7301.