An alternative way to manage your institutional unsecured cash deposits
If you are worried about the instability of the banking system and the low interest rates offered by banks, you may want to consider a new option: Secured Deposits.
This is not a financial promotion and is only suitable for institutional depositors.
Secured Deposits are a type of transaction that use the repurchase agreement (repo) market. The repo market is where firms exchange debt securities for cash on a short-term basis. It is an existing vital part of the financial system that supports liquidity and stability.
By using Secured Deposits, you can benefit from:
- Reduced financial counterparty risk: You lend your cash against high-quality collateral that protects you in case of default.
- Higher interest rates: You can earn more interest than banks offer for unsecured deposits.
- Access to the repo market: You can tap into a huge and diverse market that is normally reserved for large financial institutions.
Sounds good, right?
But how can you access this service?
That’s where Consort1 comes in.
Consort1, is a regulated nominee that facilitates repo transactions between depositors and borrowers. Consort1 does not act as a principal or hold cash deposits. It simply acts as an intermediary that connects you to the repo market. Consort1 arranges a Secured Deposit Service (SDS) that allows you to deposit cash balances greater than £10 million or currency equivalent and earn competitive interest. You can choose from different tenors and currencies to suit your needs. If you are interested in learning more about this innovative service, please contact Consort1 today. You can call us on +44 20 8142 8888 or email us at [email protected].
Consort1 is the registered business name of Consort 1 Limited which is regulated by the Jersey Financial Service Commission. Don’t miss this opportunity to improve your cash management with Secured Deposits. Contact Consort1 now and discover how we can help you.