Central Banks

Central banks are increasingly active in the management of their bullion, particularly gold reserves and the marketing of indigenous production. Scotiabank's deep commitment to the bullion market make us an ideal partner for central banks. With a significant bullion forward and loan book, we are a competitively large user of the liquidity provided by central banks through gold deposits and swaps.

We offer price protection, yield enhancement products, reserve management, interest-rate risk management, and value-added products such as coin and dore conversion. ScotiaMocatta’s presence in the global physical gold markets, combined with the depth of our trading books, allows us to handle very large transactions, disposals or acquisitions in a highly discreet and effective manner.