RMB offers clients South Africa’s first US Treasury bond custodial certificates. This investment, listed on the JSE in the ETF sector, is suitable for businesses and private individuals. Think of it as an online safety deposit box for US Treasury bonds. Clients can invest their excess cash in US dollars, earn an income stream in US dollars and benefit from a weakening rand all via the JSE.
Our clients’ investment capital credit exposure is directly linked to the US Treasury Department — therefore, they can avoid the credit risk associated with a normal foreign currency bank account. Businesses and individuals may invest without SARB exchange control restrictions, enabling excess cash to be invested in a highly liquid USD asset. The DCCs are liquid and freely traded, making them an ideal working capital solution. Clients’ investment performance is directly related to the USD/ZAR exchange rate and the price performance of US Treasury bonds