

The AFS Interest Rate department dates back more than 175 years and is one of the largest independent Money and Fixed Income brokers in Europe with a global reach.
With over 45 specialists the Interest Rate department serves over 2,500 professional and eligible clients globally, from financial institutions to governments and supranational agencies
Most government and public enterprises require adequate funding against the best conditions. These loans are usually under government guarantee, which often results in a 0% RWA as well as ECB eligibility. Tenors range from a day to as long as 50 years
The fixed income desk trades in fixed income products on behalf of the institutional investors and other financial institutions. The services include sales and trading in government, quasi-government, and corporate bonds as well as the issuance of private placements.
The AFS Money Market desk is Europe's largest independent money broker, with 30+ specialists (12+ nationalities) serving 1,500+ global clients. They specialize in short-term loans, deposits, paper, FX swaps, interest rate derivatives, and arbitrage.
AFS has dedicated Asia and Middle East teams with native speakers. Services are provided in conventional as well as Islamic financial products, including (Islamic) deposits, short term debt securities, arbitrage, and Sukuk & HQLA related bonds.
The Foreign Exchange desk is part of the AFS Interest department and operates as an independent broker between market participants. The focus of the desk is on FX-Swaps.
The Interest Rate Derivatives desk is part of AFS Interest department and operates as an independent broker between market participants. The focus in on US and European Interest Rates.
The Arbitrage desk is at the centre of the money market desks. It provides a dedicated arbitrage pricing service & risk enhancement across both OTC and exchange traded markets.
AFS Blue connects European public sector issuers and investors in primary and secondary debt markets, focusing on government-backed or (semi-)government-linked instruments.