We give our clients access to fixed income, credit, derivatives, currencies and commodities markets, using our expertise to create real value.

From seamless execution to hedging strategies, we use our 24-hour operations across Australia and global markets to manage your risk. We work with investors to find the right opportunities to create income flow and we’ll use the depth of our balance sheet, our strong credit rating and leading market share in our chosen markets to generate value.

Here's what we offer:

  • Access to traded and illiquid markets: through sales, trading and research.
  • Outstanding execution: across all asset classes and in key strategic markets.
  • Global reach: through our trading and sales operations across the Australian, Asian, UK, US and New Zealand (via Bank of New Zealand) markets.

Foreign exchange

We're a leading provider of FX in Australian and New Zealand markets and a major liquidity provider in all other G10 currencies. We're connected to all major multi-bank platforms globally, so we can execute and settle currency deals seamlessly.

Here's what we offer:

  • A range of solutions: from digital pricing to currency overlay.
  • FX products: including spot, forward and options.
  • Hedging capability: in both onshore and offshore renminbi (CNY/CNH).
  • Non-deliverable forward pricing: in the major Asian, Latin American and emerging European currencies.
  • We're the only major Australian bank to offer: a Passive Currency Overlay service to Superannuation Funds, Asset Managers and Endowment Funds.
  • 24-hour operations: across Australia, Asia, the UK, the US and New Zealand (via Bank of New Zealand).

Interest rate derivatives

We're a leader in Australian Dollar (AUD) and New Zealand Dollar (NZD) interest rate markets, providing seamless execution that doesn't disrupt markets.

Here's what we offer:

  • Access to liquidity, risk management and structuring opportunities: across a wide range of interest rate derivatives.
  • Dedicated teams: working closely with customers to ensure we support funding and investment objectives.
  • Customised solutions: and risk management products.
  • 24-hour operations: across Australia, Asia, the UK, the US and New Zealand (via Bank of New Zealand).

Fixed income and credit

We distribute primary market issues and offer a suite of fixed-income solutions designed to suit investor risk appetites in both primary and secondary markets.

Here’s what we offer:

  • Access to private and illiquid debt market investors: using unrated, long dated or subordinated instruments across real estate, project finance, private companies and structured finance.
  • Secondary trading to promote liquidity: in Australian and New Zealand government, semi-government and local government authority bonds as well as corporate, securitised and covered bonds.
  • The most consistently competitive pricing in semi-government bonds (Peter Lee Associates – Debt Securities Investors Survey Australia 2018).

Commodities

We'll help you manage the volatility of commodity markets with a dedicated team focused on understanding your business objectives and risk appetite.

Here's what we offer:

  • Risk management solutions: across agricultural, energy, metals and bulk commodity sectors for both corporate, institutional and investor clients locally and globally.
  • Dedicated global sales and trading desks.
  • Spot, forward, swaps and options pricing: for all approved commodity products.
  • Multi-currency solutions: across metals, agriculture and energy.
  • Collaboration: on financing opportunities with commodity risk.
  • Commodity research and analysis: of market conditions.

Investor solutions

We provide investors with access to a wide variety of solutions to match their investment and cash flow needs. We provide specialist expertise and execution support along with research and insights that help create real value.

Here's what we offer:

  • A broad suite of transactional and solution based products: such as at call cash and term deposits, fixed income and debt securities, foreign exchange, hedging and currency overlay.
  • A team of investment professionals: in Australia, Asia, NZ, the UK and the US, covering every segment of the investor market whether that be global supranationals or high net worth individuals taking charge of their own superannuation.
  • Access to independent research and insights: along with NAB’s market leading research capabilities, we educate investors on multiple asset classes.
  • Tailored ideas and execution: to solve specific capital or return needs of institutional clients.

For high net worth individual investors and their advisers, more information on our solutions can be found here.

Markets solutions

Our Markets Solutions team works closely with our customers on opportunities to improve yield outcomes, reduce costs, access collateral and protect capital. The team is focused on developing innovative solutions to meet a specific need, with deep expertise in:

  • Tailored single and cross-currency secured funding swaps for Residential Mortgage-Backed Securities (RMBS), Asset-Backed securities (ABS) and covered bond programs (having recently developed a significant market share in the UK across RMBS master trusts and regulated covered bond programs backed by prime mortgages).
  • Inflation swaps in the UK Retail Price Index (RPI) and Australia Consumer Price Index (CPI), including highly structured solutions.
  • Total return swaps over fixed income indices, money market indices and bonds in a number of formats.
  • FX and rates solutions which can extend hedge tenor and effectively manage derivatives valuation adjustments (XVA) costs and liquidity risk.
  • Working with customers to meet their requirements and obligations in relation to the ever-changing regulatory environment.

Markets research

Our world class Markets research team provides specialist coverage of the Australian and New Zealand economies, as well as analysis of foreign exchange, fixed income, credit and commodities markets.

Trading strategies are also provided on foreign exchange and fixed income markets. Our offering to clients includes:

  • The NAB Business Survey: Australia’s longest running and most respected business survey, released monthly.
  • The Bank of New Zealand Performance Manufacturing Index (PMI): a widely followed monthly survey of activity in the New Zealand manufacturing sector.
  • The Morning Call Podcast: produced daily, providing insights and discussion on overnight events. Customers can sign up to this via iTunes.

“Managing risk on behalf of complex businesses globally is where our expertise comes to the fore. Our customers have a committed partner for all their transaction and FX needs.”

- Drew Bradford Executive General Manager, Markets

Speak with a specialist

Research and insights

Business Research and Insights

Industry and economic insights to help position our customers for the future.

AWARDS AND ACCOLADES

Insights

#1 for Most Valuable Commentary on Currency Markets1

Relationships

#1 for Relationship Strength Index for  FX2 and Rates3

Risk Management

#1 for Advice and Guidance in Managing Risk and Executing Transactions4

Peter Lee Associates Surveys, Australia 2019:

  1. Foreign Exchange Survey. Ranking against the four major domestic banks
  2. Foreign Exchange Survey. Ranking against all banks
  3. Interest Rate Derivatives Survey. Ranking against all banks
  4. Interest Rate Derivatives Survey. Ranking against the four major domestic banks