Deutsche Bank is one of the premier traders of government debt securities. We have a global network of primary dealerships and are one of only 2 banks in Europe who are a primary dealer for all European Bond Markets. We are the largest dealer in Germany, Austria and Italian government bonds and hold prominent positions in all major European bond markets, including the UK. The Bank is also a leading player in the Japanese Bond Market and the US Treasury Market.
Deutsche Bank is also a dominant player in agency debt worldwide. Our unique Cross Rates business allows clients to trade combinations of US Treasuries, agency debt, commercial mortgages and interest rate swaps on a single bid / offer price. Deutsche Bank is also a dominant market maker in German Pfandbrief market and in the growing market for Covered Bonds across Europe.
WTF is that Cross Rates business about? Sounds complicated. Trading combinations of products on a single bid/offer. Recipe for disaster IMO.
