Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.



IG is an award-winning app and web platform, chosen by over 2 million users.

Gain exposure to long-term interest rates through government bond futures.
Long-term interest rates are reflected in government bond prices, so trading futures like the Long Gilt or German Bund lets you take a position on long-term rate expectations.
With us, you can trade interest rate futures with both spread betting and CFD accounts. Let’s look at the features of spread bets and CFDs – how they’re similar and how they differ:

Use leverage for a decreased initial outlay*
Deal on rising and falling markets
Pay no tax or stamp duty2
Trade 17,000+ markets
Trade without paying commission*
Enjoy greater control over your deal size
Open a position in your chosen currency
Features and benefits
Access to global money markets, backed by decades of trading experience.

Authorised and regulated by the Financial Conduct Authority for your peace of mind.

Eligible deposits are protected by the Financial Services Compensation Scheme up to the applicable limit.

Bank-level encryption and account security keep your trades safe around the clock.

Interest rate derivatives are financial products used for trading that ‘derive’ their underlying value from the interest rate. With them, you can speculate on the short-term interest rate in the UK or global rates, going long or short for a profit or loss.

Open a live spread betting or CFD trading account – or both. Find an opportunity. Open your first position on our platform. Monitor and close your trade.
Short-term rates reflect 3-month interbank rates, while long-term rates are reflected in the price of government bonds.
The contract price is typically 100 minus the relevant interest rate, so a price of 98 implies a rate of 2%.
Yes, you can trade UK rates through markets like Short Sterling, SONIA and the Long Gilt.
No — with spread betting the cost is built into the spread so there's no separate commission, and it's the same for CFDs.