• Home

  • Documents

  • mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said...
13
mashreq Fixed Income Trading Daily Market Update Monday, January 4, 2015 Page 1 Market Update Oman sets plan to halve oil's role in economy Oman's government has released a five-year plan to halve the economy's dependence on the oil industry as low crude prices pressure government finances. The 2016-2020 plan, set out in a statement by the Supreme Council for Planning on Saturday, said over 500 programmes and policies would seek to diversify the Omani economy into sectors such as manufacturing, mining, transport and tourism. The plan aims to cut the oil industry's contribution to gross domestic product to 22% from 44%; the contribution of natural gas would drop to 2.4% from 3.6%. Average annual investments would total around 28% of gross domestic product; cumulative investment over the five years is expected to be 41 billion rials (USD106 billion), against 38 billion rials envisaged in the previous five-year plan. The new plan is to make heavy use of public-private partnerships, with 52% of total investment to come from the private sector against 42% in the last plan. The plan assumes an average oil price of USD 45 a barrel for 2016, USD 55 for 2017 and 2018, and USD 60 for 2019 and 2020, while Oman's average oil production is assumed to remain flat at 990,000 barrels per day. The figures assume that Oman will continue running a state budget deficit throughout the plan. Last week, the government announced plans to cut its deficit to 3.3 billion rials this year from an actual 4.5 billion rials last year, partly through big spending cuts. (Reuters) Saudi Arabia cuts ties with Iran after Tehran embassy attack Saudi Arabia cut ties with Iran and expelled the Islamic Republic’s diplomats, a day after its embassy in Tehran was attacked to protest the Saudis’ execution of a prominent Shiite cleric. Iran’s ambassador in the kingdom has 48 hours to leave, Saudi Foreign Minister Adel al-Jubeir said late Sunday in Riyadh. “Saudi Arabia will no longer deal with a country that supports terrorism and sectarianism, ” he said. Iranian protesters set fire to the Saudi Embassy in Tehran. The move marks the biggest crisis in relations between the regional powers since the late 1980s, when the Sunni-led kingdom suspended ties with Shiite-ruled Iran after its embassy was attacked following the death of Iranian pilgrims during Hajj in Mecca. Al-Jubeir announced the expulsion after Iranian protesters set the Saudi embassy on fire following the execution of Nimr al-Nimr, a critic of the kingdom’s treatment of its Shiite minority. He was one of 47 men executed for offenses that included terrorism and political activism. Iran’s Supreme Leader Ayatollah Ali Khamenei warned of repercussions and protesters armed with rocks and firebombs attacked the Saudi embassy in Tehran on Saturday and set parts of the building on fire. (Bloomberg) Iran says its planned boost in oil exports won’t damage market Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are lifted from its economy, Oil Minister Bijan Namdar Zanganeh said. “The oil ministry intends to boost Iran’s crude oil exports by an aggregate of 1 million barrels a day in two phases,” Zanganeh said, according to the official Islamic Republic News Agency. In the first phase, Iran will raise exports by 500,000 barrels a day within a week after the removal of international sanctions, he said Sunday. The country will add another 500,000 barrels a day in a second phase within six months after the curbs end, Zanganeh said. Brent crude slid 35% last year as the Organization of Petroleum Exporting Countries raised output in the face of already rising global stockpiles. Saudi Arabia, the world’s largest crude exporter, has led OPEC in fighting for market share against higher-cost producers such as shale drillers in the U.S. The group set aside its output target of 30 million barrels a day at a meeting in Vienna last month. (Bloomberg) Biggest economies face USD 7 trillion debt refinancing in 2016 The amount of debt that the governments of the world’s leading economies will need to refinance in 2016 will be little changed from last year as nations make strides in cutting budget deficits to a third of the highs seen during the financial crisis. The value of bills, notes and bonds coming due for the Group- of-Seven nations plus Brazil, China, India and Russia will total USD 7.1 trillion, compared with USD 7 trillion in 2015 and down from USD 7.6 trillion in 2012. Japan, Germany, Italy and Canada will all see redemptions fall, while the U.S., China and the U.K. face increases. The amount of maturing debt has gradually fallen since Bloomberg began collating the data in 2012. The decline may bring some support to the bond market as the U.S. Federal Reserve gradually raises interest rates, pushing yields up from record lows. Budget deficits are forecast by economists to narrow for a seventh straight year in 2016 as governments continue to cut back on the extra spending put in place to combat the global financial meltdown. (Bloomberg) China two-speed economy stays intact as manufacturing slumps China’s economic rebalancing remained intact as the first economic reports of 2016 signaled manufacturing weakened for a fifth straight month, the longest such streak since 2009, while a gauge of services rose to the highest level in more than a year. The official purchasing managers index edged up to 49.7 last month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to 48.2 last month from 48.6. Both factory gauges were less than the median estimates in Bloomberg surveys. The official non- manufacturing PMI, rose to a 16-month high of 54.4. Numbers below 50 indicate deterioration. China’s stocks and currency fell on the signs of further weakness in manufacturing, a reflection of sliding exports thanks to sluggish growth abroad, and of overcapacity at home. (Bloomberg) Emerging stocks drop and developed market bonds rally as China halts share trading after plunge Emerging-market stocks tumbled the most in four months, with a rout in mainland shares triggering a trading halt, as weak Chinese manufacturing data and escalating tension in the Middle East sparked a selloff in riskier assets. Technology shares led all industry groups lower in the MSCI Emerging Markets Index. China halted trading in stocks, futures and options for the rest of the day after a 7% slump in the CSI 300 Index caused the nation’s new circuit breakers to kick in. The worst-ever start to a year for Chinese equities came after data showed manufacturing shrank for a fifth straight month and investors anticipated the end of a ban on share sales by major stakeholders. Government bonds across developed economies rallied after a plunge in Chinese shares drove demand for the relative safety of sovereign debt, pushing Treasury 10-year yields down by the most in more than two weeks. Benchmark German 10-year bonds opened higher, rising with European peers from Austria to France. (Bloomberg) UK economy finished 2015 strongly, says CBI Growth in Britain's private sector picked up speed in the three months to December and companies think the momentum will carry on into early 2016, a leading employers group said, suggesting a recent slowing of the economy might be easing. The Confederation of British Industry said on Monday its monthly growth indicator, based on surveys of manufacturers, retailers and services -- rose to a three-month high of +20 from +13 in November and was above a long-run average of +5. "The UK economy has finished the year strongly, with business services acting as a lightning rod for growth," said Carolyn Fairbairn, the CBI's director-general. A separate survey of chief financial officers of large British companies, conducted by accountants Deloitte, showed business confidence fell back to levels last seen in 2012. Growth in business services offset a slight fall in manufacturing in the three months to December, the CBI said. The slowdown in the global economy and the strength in sterling have hampered British exports, leaving the recovery reliant on consumers who have been helped by a combination of low inflation, near rock-bottom interest rates and rising wages. Britain's economy has outpaced many of its peers in the developed world over the past couple of years but growth slowed to 0.4% in the third quarter, according to unexpectedly weak official figures published in December. In 2015 as a whole, growth is likely to have slowed to around 2.2 percent, down from 2.9% in 2014. The Bank of England has said it expected the economy to grow by 0.6% in the fourth quarter of 2015. It is watching for signs of stronger wage growth before moving toward its first interest rate hike since before the financial crisis. The CBI survey found output expectations for the next three months rose to +20 in December from +17 in November. (Reuters)

mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

mashreq Fixed Income Trading

Daily Market Update Monday, January 4, 2015

Page 1

Market Update

Oman sets plan to halve oil's role in economy

Oman's government has released a five-year plan to halve the economy's dependence on the oil industry as low crude prices pressure government finances. The 2016-2020 plan, set out in a statement by the Supreme Council for Planning on Saturday, said over 500 programmes and policies would seek

to diversify the Omani economy into sectors such as manufacturing, mining, transport and tourism. The plan aims to cut the oil industry's contribution to

gross domestic product to 22% from 44%; the contribution of natural gas would drop to 2.4% from 3.6%. Average annual investments would total around

28% of gross domestic product; cumulative investment over the five years is expected to be 41 billion rials (USD106 billion), against 38 billion rials

envisaged in the previous five-year plan. The new plan is to make heavy use of public-private partnerships, with 52% of total investment to come from the

private sector against 42% in the last plan. The plan assumes an average oil price of USD 45 a barrel for 2016, USD 55 for 2017 and 2018, and USD 60 for

2019 and 2020, while Oman's average oil production is assumed to remain flat at 990,000 barrels per day. The figures assume that Oman will continue

running a state budget deficit throughout the plan. Last week, the government announced plans to cut its deficit to 3.3 billion rials this year from an actual

4.5 billion rials last year, partly through big spending cuts. (Reuters)

Saudi Arabia cuts ties with Iran after Tehran embassy attack

Saudi Arabia cut ties with Iran and expelled the Islamic Republic’s diplomats, a day after its embassy in Tehran was attacked to protest the Saudis’

execution of a prominent Shiite cleric. Iran’s ambassador in the kingdom has 48 hours to leave, Saudi Foreign Minister Adel al-Jubeir said late Sunday in

Riyadh. “Saudi Arabia will no longer deal with a country that supports terrorism and sectarianism,” he said. Iranian protesters set fire to the Saudi Embassy

in Tehran. The move marks the biggest crisis in relations between the regional powers since the late 1980s, when the Sunni-led kingdom suspended ties

with Shiite-ruled Iran after its embassy was attacked following the death of Iranian pilgrims during Hajj in Mecca. Al-Jubeir announced the expulsion after

Iranian protesters set the Saudi embassy on fire following the execution of Nimr al-Nimr, a critic of the kingdom’s treatment of its Shiite minority. He was

one of 47 men executed for offenses that included terrorism and political activism. Iran’s Supreme Leader Ayatollah Ali Khamenei warned of repercussions

and protesters armed with rocks and firebombs attacked the Saudi embassy in Tehran on Saturday and set parts of the building on fire. (Bloomberg)

Iran says its planned boost in oil exports won’t damage market

Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once

sanctions are lifted from its economy, Oil Minister Bijan Namdar Zanganeh said. “The oil ministry intends to boost Iran’s crude oil exports by an aggregate

of 1 million barrels a day in two phases,” Zanganeh said, according to the official Islamic Republic News Agency. In the first phase, Iran will raise exports

by 500,000 barrels a day within a week after the removal of international sanctions, he said Sunday. The country will add another 500,000 barrels a day in

a second phase within six months after the curbs end, Zanganeh said. Brent crude slid 35% last year as the Organization of Petroleum Exporting Countries

raised output in the face of already rising global stockpiles. Saudi Arabia, the world’s largest crude exporter, has led OPEC in fighting for market share

against higher-cost producers such as shale drillers in the U.S. The group set aside its output target of 30 million barrels a day at a meeting in Vienna last month. (Bloomberg)

Biggest economies face USD 7 trillion debt refinancing in 2016

The amount of debt that the governments of the world’s leading economies will need to refinance in 2016 will be little changed from last year as nations

make strides in cutting budget deficits to a third of the highs seen during the financial crisis. The value of bills, notes and bonds coming due for the Group-

of-Seven nations plus Brazil, China, India and Russia will total USD 7.1 trillion, compared with USD 7 trillion in 2015 and down from USD 7.6 trillion in

2012. Japan, Germany, Italy and Canada will all see redemptions fall, while the U.S., China and the U.K. face increases. The amount of maturing debt has

gradually fallen since Bloomberg began collating the data in 2012. The decline may bring some support to the bond market as the U.S. Federal Reserve

gradually raises interest rates, pushing yields up from record lows. Budget deficits are forecast by economists to narrow for a seventh straight year in 2016

as governments continue to cut back on the extra spending put in place to combat the global financial meltdown. (Bloomberg)

China two-speed economy stays intact as manufacturing slumps

China’s economic rebalancing remained intact as the first economic reports of 2016 signaled manufacturing weakened for a fifth straight month, the longest

such streak since 2009, while a gauge of services rose to the highest level in more than a year. The official purchasing managers index edged up to 49.7

last month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released

Monday showed a drop to 48.2 last month from 48.6. Both factory gauges were less than the median estimates in Bloomberg surveys. The official non-

manufacturing PMI, rose to a 16-month high of 54.4. Numbers below 50 indicate deterioration. China’s stocks and currency fell on the signs of further

weakness in manufacturing, a reflection of sliding exports thanks to sluggish growth abroad, and of overcapacity at home. (Bloomberg)

Emerging stocks drop and developed market bonds rally as China halts share trading after plunge Emerging-market stocks tumbled the most in four months, with a rout in mainland shares triggering a trading halt, as weak Chinese manufacturing data

and escalating tension in the Middle East sparked a selloff in riskier assets. Technology shares led all industry groups lower in the MSCI Emerging Markets

Index. China halted trading in stocks, futures and options for the rest of the day after a 7% slump in the CSI 300 Index caused the nation’s new circuit

breakers to kick in. The worst-ever start to a year for Chinese equities came after data showed manufacturing shrank for a fifth straight month and investors anticipated the end of a ban on share sales by major stakeholders. Government bonds across developed economies rall ied after a plunge in

Chinese shares drove demand for the relative safety of sovereign debt, pushing Treasury 10-year yields down by the most in more than two weeks.

Benchmark German 10-year bonds opened higher, rising with European peers from Austria to France. (Bloomberg)

UK economy finished 2015 strongly, says CBI

Growth in Britain's private sector picked up speed in the three months to December and companies think the momentum will carry on into early 2016, a leading employers group said, suggesting a recent slowing of the economy might be easing. The Confederation of British Industry said on Monday its

monthly growth indicator, based on surveys of manufacturers, retailers and services -- rose to a three-month high of +20 from +13 in November and was

above a long-run average of +5. "The UK economy has finished the year strongly, with business services acting as a lightning rod for growth," said Carolyn

Fairbairn, the CBI's director-general. A separate survey of chief financial officers of large British companies, conducted by accountants Deloitte, showed

business confidence fell back to levels last seen in 2012. Growth in business services offset a slight fall in manufacturing in the three months to December,

the CBI said. The slowdown in the global economy and the strength in sterling have hampered British exports, leaving the recovery reliant on consumers

who have been helped by a combination of low inflation, near rock-bottom interest rates and rising wages. Britain's economy has outpaced many of its

peers in the developed world over the past couple of years but growth slowed to 0.4% in the third quarter, according to unexpectedly weak official figures

published in December. In 2015 as a whole, growth is likely to have slowed to around 2.2 percent, down from 2.9% in 2014. The Bank of England has said

it expected the economy to grow by 0.6% in the fourth quarter of 2015. It is watching for signs of stronger wage growth before moving toward its first interest rate hike since before the financial crisis. The CBI survey found output expectations for the next three months rose to +20 in December from +17

in November. (Reuters)

Page 2: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

mashreq Fixed Income Trading

Daily Market Update Monday, January 4, 2015

Page 2

Japanese PM Shinzo Abe says Japan no longer in deflation, economy on recovery path

Prime Minister Shinzo Abe said on Monday that Japan was no longer in deflation, while pledging that the government and the central bank would work

together to completely defeat it. "We have put the utmost priority on the economy for these three years. We are still half way but we have created a situation that is no longer seen as deflation," Abe told a news conference. When later asked whether such statement may be taken as hasty judgment on

deflation, Abe said Japan has still not completely conquered deflation. (Economic times)

Tenaga said to plan USD3 billion global sukuk for expansion abroad

Malaysia’s biggest electricity company plans to tap the dollar debt market for the first time in two decades with its debut offering of global Islamic bonds.

Tenaga Nasional Bhd. is asking bankers to submit pitches for a USD3 billion sukuk program, according to people familiar with the matter, and proceeds will

be used to fund overseas investments including the purchase of a 30% stake in Turkish power firm Gama Enerji A.S. for USD243 million. The company last

issued dollar-denominated debt in 1996, when it sold 100-year conventional notes. (Bloomberg)

Page 3: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD INVESTMENT GRADE ISSUES (LONG TERM)

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ABBVIE INC US00287YAL39 6-Nov-2022 3071 FIXED 2.90 97.04 97.36 3.34 A/Baa1/- UNITED STATES Sr Unsecured 2,000 P2

ABBVIE INC US00287YAQ26 14-May-2025 3750 FIXED 3.60 98.95 99.81 3.62 A/Baa1/- UNITED STATES Sr Unsecured 2,000 P2

ADOBE SYSTEMS INC US00724FAC59 1-Feb-2025 1000 FIXED 3.25 97.94 99.85 3.27 A-/Baa1/- UNITED STATES Sr Unsecured 2,000 P2

AIRBUS GROUP FINANCE BV USN2823BBD21 17-Apr-2023 1000 FIXED 2.70 96.16 97.25 3.13 A/A2/A- FRANCE Sr Unsecured 1,000 P2

ALCOA INC US013817AV33 15-Apr-2021 1250 FIXED 5.40 100.44 100.44 5.30 BBB-/Ba1/BB+ /*+ UNITED STATES Sr Unsecured 2,000 P2

AMAZON.COM INC US023135AJ58 29-Nov-2022 1250 FIXED 2.50 97.32 97.74 2.86 AA-/Baa1/- UNITED STATES Sr Unsecured 2,000 P2

AMERICAN EXPRESS CO US025816BD05 2-Dec-2022 1266 FIXED 2.65 96.97 97.55 3.05 BBB+/A3/A+ UNITED STATES Sr Unsecured 2,000 P2

AMERICAN INTL GROUP US026874DD67 10-Jul-2025 1250 FIXED 3.75 99.38 100.26 3.72 A-/Baa1/BBB+ UNITED STATES Sr Unsecured 2,000 P2

AT&T INC US00206RCM25 30-Jun-2022 2750 FIXED 3.00 97.65 98.11 3.33 BBB+/Baa1/A- UNITED STATES Sr Unsecured 2,000 P2

AT&T INC US00206RCN08 15-May-2025 5000 FIXED 3.40 96.09 97.05 3.78 BBB+/Baa1/A- UNITED STATES Sr Unsecured 2,000 P2

BANK OF AMERICA CORP US06051GEU94 11-Jan-2023 4250 FIXED 3.30 99.75 99.75 3.34 BBB+/Baa1/A UNITED STATES Sr Unsecured 2,000 P2

BANK OF AMERICA CORP US06051GFP90 21-Apr-2025 2500 FIXED 3.95 100.23 100.23 3.92 BBB/Baa3/A- UNITED STATES Subordinated 2,000 P3

BARCLAYS PLC US06738EAE59 16-Mar-2025 2000 FIXED 3.65 96.35 96.88 4.06 BBB/Baa3/A UNITED KINGDOM Sr Unsecured 200,000 P2

BARRICK GOLD CORP US067901AQ17 1-May-2023 730 FIXED 4.10 84.63 86.45 6.45 BBB-/Baa3/- CANADA Sr Unsecured 2,000 P4

BHP BILLITON FIN USA LTD US055451AQ16 24-Feb-2022 1000 FIXED 2.88 91.76 92.51 4.28 A+/A1 /*-/A+ AUSTRALIA Sr Unsecured 2,000 P2

BHP BILLITON FIN USA LTD US055451AU28 30-Sep-2023 1500 FIXED 3.85 94.60 95.25 4.59 A+/A1 /*-/A+ AUSTRALIA Sr Unsecured 2,000 P2

BOSTON PROPERTIES LP US10112RAV69 1-Sep-2023 500 FIXED 3.13 98.09 98.09 3.41 A-/Baa2/BBB+ UNITED STATES Sr Unsecured 1,000 P2

BP CAPITAL MARKETS PLC US05565QCD88 10-May-2023 1500 FIXED 2.75 94.02 95.16 3.50 A/A2/- UNITED KINGDOM Sr Unsecured 1,000 P2

BP CAPITAL MARKETS PLC US05565QDA31 17-Mar-2025 1000 FIXED 3.51 97.41 98.64 3.68 A/A2/A UNITED KINGDOM Sr Unsecured 1,000 P2

BPCE SA US05578UAD63 15-Mar-2025 1250 FIXED 4.50 96.33 97.14 4.89 -/Baa3/A- FRANCE Subordinated 200,000 P3

CITIGROUP INC US172967GT25 15-May-2023 1250 FIXED 3.50 98.12 98.99 3.66 BBB/Baa3/A- UNITED STATES Subordinated 1,000 P3

CITIGROUP INC US172967JL61 26-Mar-2025 1000 FIXED 3.88 97.33 98.05 4.13 BBB/Baa3/A- UNITED STATES Subordinated 1,000 P3

CONOCOPHILLIPS COMPANY US20826FAA49 15-Dec-2022 1000 FIXED 2.40 91.15 93.96 3.38 A/A2 /*-/A UNITED STATES Sr Unsecured 2,000 P2

CONOCOPHILLIPS COMPANY US20826FAD87 15-Nov-2024 1000 FIXED 3.35 91.81 96.04 3.88 A/A2 /*-/A UNITED STATES Sr Unsecured 2,000 P2

CRED SUIS GP FUN LTD USG25417AA79 26-Mar-2025 2500 FIXED 3.75 96.99 97.69 4.05 BBB+/Baa2 /*-/A SWITZERLAND Sr Unsecured 250,000 P2

CREDIT AGRICOLE SA USF2R125AC99 17-Mar-2025 1500 FIXED 4.38 97.15 97.88 4.66 BBB/Baa3/A- FRANCE Subordinated 200,000 P3

DAIMLER FINANCE NA LLC USU2339CBX57 19-May-2025 650 FIXED 3.30 97.51 98.32 3.51 A-/A3/A- GERMANY Sr Unsecured 150,000 P2

DEUTSCHE BANK AG LONDON US25152RXA66 30-May-2024 1600 FIXED 3.70 99.88 100.63 3.61 BBB+/A3/A- GERMANY Sr Unsecured 1,000 P2

DOW CHEMICAL CO/THE US260543CJ01 1-Oct-2024 900 FIXED 3.50 97.50 97.50 3.84 BBB /*/Baa2/BBB /*+ UNITED STATES Sr Unsecured 2,000 P2

ELECTRICITE DE FRANCE SA USF2893TAS53 13-Oct-2025 1250 FIXED 3.63 98.13 98.83 3.77 A+/A1/A FRANCE Sr Unsecured 2,000 P2

FORD MOTOR CREDIT CO LLC US345397XA68 9-Jan-2022 750 FIXED 3.22 97.65 98.49 3.50 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 200,000 P2

FORD MOTOR CREDIT CO LLC US345397WW97 8-Sep-2024 750 FIXED 3.66 97.30 98.46 3.87 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 200,000 P2

GENERAL MOTORS FINL CO US37045XAW65 10-Apr-2022 1250 FIXED 3.45 98.21 98.21 3.77 BBB-/Ba1/BBB- UNITED STATES Sr Unsecured 2,000 P2

GENERAL MOTORS FINL CO US37045XAS53 15-Jan-2025 1000 FIXED 4.00 95.30 95.30 4.64 BBB-/Ba1/BBB- UNITED STATES Sr Unsecured 2,000 P2

GLENCORE FINANCE CANADA USC98874AM93 25-Oct-2022 1000 FIXED 4.25 75.51 77.36 8.73 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P4

GLENCORE FUNDING LLC XS0938722666 30-May-2023 1500 FIXED 4.13 73.40 74.87 8.82 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P4

GLENCORE FUNDING LLC XS1028955844 29-Apr-2024 1000 FIXED 4.63 71.92 73.98 9.16 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P4

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 4: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD INVESTMENT GRADE ISSUES (LONG TERM)

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

GOLDCORP INC US380956AD47 15-Mar-2023 1000 FIXED 3.70 90.66 91.65 5.10 BBB+/Baa2/BBB CANADA Sr Unsecured 2,000 P2

GOLDMAN SACHS GROUP INC US38148LAC00 23-Jan-2025 2500 FIXED 3.50 98.69 99.50 3.56 BBB+/A3/A UNITED STATES Sr Unsecured 2,000 P2

JPMORGAN CHASE & CO US46625HJY71 10-Sep-2024 3000 FIXED 3.88 99.82 100.62 3.79 BBB+/Baa1/A UNITED STATES Subordinated 2,000 P3

JPMORGAN CHASE & CO US46625HKC33 23-Jan-2025 2500 FIXED 3.13 97.39 98.13 3.37 A-/A3/A+ UNITED STATES Sr Unsecured 2,000 P2

KINDER MORGAN INC/DELAWA US49456BAF85 1-Jun-2025 1500 FIXED 4.30 89.80 89.80 5.72 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 1,000 P4

LLOYDS BANK PLC US53944VAH24 14-May-2025 1250 FIXED 3.50 100.15 100.97 3.38 A/A1/A+ UNITED KINGDOM Sr Unsecured 200,000 P2

LOCKHEED MARTIN CORP US539830BE89 1-Mar-2025 750 FIXED 2.90 96.25 96.25 3.38 BBB+/Baa1/BBB+ UNITED STATES Sr Unsecured 2,000 P2

MARATHON OIL CORP US565849AK29 1-Nov-2022 1000 FIXED 2.80 81.77 81.77 6.11 BBB/Baa1 /*-/BBB+ UNITED STATES Sr Unsecured 1,000 P2

MARATHON OIL CORP US565849AL02 1-Jun-2025 900 FIXED 3.85 80.23 80.23 6.72 BBB/Baa1 /*-/BBB+ UNITED STATES Sr Unsecured 1,000 P2

MARATHON PETROLEUM CORP US56585AAG76 15-Sep-2024 750 FIXED 3.63 93.92 95.54 4.24 BBB/Baa2/BBB UNITED STATES Sr Unsecured 2,000 P3

MCDONALD'S CORP US58013MEU45 26-May-2025 700 FIXED 3.38 99.79 99.79 3.40 BBB+/Baa1/BBB+ UNITED STATES Sr Unsecured 1,000 P2

MERCK & CO INC US58933YAR62 10-Feb-2025 2500 FIXED 2.75 97.51 98.32 2.96 AA/A1/A UNITED STATES Sr Unsecured 2,000 P2

MONSANTO CO US61166WAU53 15-Jul-2024 750 FIXED 3.38 95.59 97.26 3.75 BBB+/A3/A- UNITED STATES Sr Unsecured 2,000 P2

MOTOROLA SOLUTIONS INC US620076BB42 15-May-2022 750 FIXED 3.75 91.79 92.35 5.18 BBB-/Baa3/BBB UNITED STATES Sr Unsecured 2,000 P2

MYLAN INC USU62472AF96 15-Jan-2023 750 FIXED 3.13 91.71 92.16 4.44 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 1,000 P2

OCCIDENTAL PETROLEUM COR US674599CG82 15-Jun-2025 750 FIXED 3.50 97.90 98.75 3.66 A/A2 /*-/A UNITED STATES Sr Unsecured 2,000 P2

OCEANEERING INTL INC US675232AA07 15-Nov-2024 500 FIXED 4.65 84.44 84.44 7.04 BBB/Baa2/- UNITED STATES Sr Unsecured 2,000 P4

QUALCOMM INC US747525AF05 20-May-2025 2000 FIXED 3.45 96.12 97.13 3.82 A+/A1/- UNITED STATES Sr Unsecured 2,000 P2

RABOBANK NEDERLAND NY US21688AAE29 21-May-2025 1000 FIXED 3.38 99.79 99.79 3.40 A+/Aa2/AA- NETHERLANDS Sr Unsecured 250,000 P2

RIO TINTO FIN USA LTD US767201AS58 15-Jun-2025 1200 FIXED 3.75 90.80 91.89 4.83 A-/A3/A- UNITED KINGDOM Sr Unsecured 2,000 P2

RIO TINTO FIN USA PLC US76720AAF30 21-Aug-2022 1000 FIXED 2.88 90.62 91.30 4.40 A-/A3/A- UNITED KINGDOM Sr Unsecured 2,000 P2

ROLLS-ROYCE PLC USG76237AB53 14-Oct-2025 1000 FIXED 3.63 97.83 99.22 3.72 A/A3/A UNITED KINGDOM Sr Unsecured 200,000 P2

SHELL INTERNATIONAL FIN US822582BD31 11-May-2025 2750 FIXED 3.25 97.59 98.66 3.42 AA-/Aa1/AA /*- NETHERLANDS Sr Unsecured 1,000 P2

SIEMENS FINANCIERINGSMAT USN82008AE85 27-May-2025 1500 FIXED 3.25 100.29 101.14 3.11 A+/A1/A GERMANY Sr Unsecured 250,000 P2

SOCIETE GENERALE USF8586CH211 14-Apr-2025 1500 FIXED 4.25 95.10 95.86 4.81 BBB/Baa3/A- FRANCE Subordinated 200,000 P3

STANDARD CHARTERED PLC XS1219971774 17-Apr-2025 750 FIXED 3.20 93.72 94.53 3.91 A-/Aa3 /*-/A+ UNITED KINGDOM Sr Unsecured 200,000 P2

STATOIL ASA US85771PAG72 17-Jan-2023 1100 FIXED 2.45 94.98 96.18 3.06 AA-/Aa2/- NORWAY Sr Unsecured 1,000 P2

TIME WARNER INC US887317AW59 15-Jul-2025 1500 FIXED 3.60 97.99 98.76 3.76 BBB/Baa2/BBB+ UNITED STATES Sr Unsecured 2,000 P2

TOTAL CAPITAL CANADA LTD US89153UAF84 15-Jul-2023 1000 FIXED 2.75 95.83 96.72 3.25 AA-/Aa1/AA- FRANCE Sr Unsecured 2,000 P2

VALERO ENERGY CORP US91913YAS90 15-Mar-2025 600 FIXED 3.65 94.57 96.54 4.11 BBB/Baa2/BBB UNITED STATES Sr Unsecured 2,000 P2

VERIZON COMMUNICATIONS US92343VCR33 1-Nov-2024 2500 FIXED 3.50 98.80 99.43 3.58 BBB+/Baa1/A- UNITED STATES Sr Unsecured 2,000 P2

VIACOM INC US92553PAT93 1-Sep-2023 1250 FIXED 4.25 97.21 97.97 4.57 BBB-/Baa2/BBB+ UNITED STATES Sr Unsecured 2,000 P2

VODAFONE GROUP PLC US92857WAZ32 26-Sep-2022 1000 FIXED 2.50 93.61 94.16 3.48 BBB+/Baa1/BBB+ UNITED KINGDOM Sr Unsecured 1,000 P2

VODAFONE GROUP PLC US92857WBC38 19-Feb-2023 1600 FIXED 2.95 94.65 95.53 3.67 BBB+/Baa1/BBB+ UNITED KINGDOM Sr Unsecured 1,000 P2

WALGREENS BOOTS ALLIANCE US931427AF53 18-Nov-2021 1250 FIXED 3.30 98.22 99.07 3.48 BBB/Baa2 /*-/- UNITED STATES Sr Unsecured 2,000 P2

WELLS FARGO & COMPANY US94974BGH78 19-Feb-2025 2500 FIXED 3.00 96.97 97.94 3.26 A/A2/AA- UNITED STATES Sr Unsecured 1,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 5: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD INVESTMENT GRADE ISSUES (SHORT TERM TERM)

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ABBEY NATL TREASURY SERV US002799AT16 16-Mar-2020 1000 FIXED 2.38 99.77 100.14 2.34 A/A1/A UNITED KINGDOM Sr Unsecured 1,000 P1

ABBVIE INC US00287YAT64 14-May-2020 3750 FIXED 2.50 98.70 99.26 2.68 A/Baa1/- UNITED STATES Sr Unsecured 2,000 P1

ABN AMRO BANK NV XS1241945473 4-Jun-2020 1000 FIXED 2.45 99.41 99.77 2.50 A/A2/A NETHERLANDS Sr Unsecured 200,000 P1

AMERICAN EXPRESS CREDIT US0258M0DT32 26-May-2020 1750 FIXED 2.38 99.40 99.40 2.52 A-/A2/A+ UNITED STATES Sr Unsecured 2,000 P1

ANGLO AMERICAN CAPITAL USG0446NAH73 14-May-2020 850 FIXED 3.63 71.01 72.53 11.89 BBB- /*-/Baa3 /*-/- UNITED KINGDOM Sr Unsecured 200,000 P3

APPLE INC US037833BD17 6-May-2020 1250 FIXED 2.00 99.82 100.18 1.96 AA+/Aa1/- UNITED STATES Sr Unsecured 2,000 P1

ASTRAZENECA PLC US046353AF58 18-Sep-2019 1000 FIXED 1.95 99.41 99.85 1.99 A-/A3/A UNITED KINGDOM Sr Unsecured 2,000 P1

AT&T INC US00206RCL42 30-Jun-2020 3000 FIXED 2.45 98.43 98.95 2.70 BBB+/Baa1/A- UNITED STATES Sr Unsecured 2,000 P1

BANK OF AMERICA CORP US06051GFN43 21-Apr-2020 2000 FIXED 2.25 97.66 97.66 2.83 BBB+/Baa1/A UNITED STATES Sr Unsecured 2,000 P1

BANK OF AMERICA NA US06050TMC35 5-Jun-2018 1750 FIXED 1.75 100.23 100.23 1.65 A /*+/A1/A+ UNITED STATES Sr Unsecured 250,000 P1

BANK OF NY MELLON CORP US06406HCZ01 24-Feb-2020 1250 FIXED 2.15 99.23 99.23 2.35 A/A1/AA- UNITED STATES Sr Unsecured 1,000 P1

BARCLAYS PLC US06738EAG08 8-Jun-2020 1000 FIXED 2.88 99.97 100.36 2.79 BBB/Baa3/A UNITED KINGDOM Sr Unsecured 200,000 P1

BNP PARIBAS US05579TED46 21-May-2020 1500 FIXED 2.38 99.48 99.48 2.50 A+ /*-/A1/A+ FRANCE Sr Unsecured 200,000 P1

BP CAPITAL MARKETS PLC US05565QCX43 13-Feb-2020 1250 FIXED 2.32 98.79 99.06 2.56 A/A2/A UNITED KINGDOM Sr Unsecured 1,000 P1

BPCE SA US05578DAR35 27-Jan-2020 750 FIXED 2.25 99.51 99.51 2.38 A/A2/A FRANCE Sr Unsecured 250,000 P1

CATERPILLAR FINANCIAL SE US14912L6J50 5-Mar-2020 500 FIXED 2.00 99.69 99.69 2.08 A/A2/A UNITED STATES Sr Unsecured 1,000 P1

CHEVRON CORP US166764AR12 3-Mar-2020 1750 FIXED 1.96 98.65 99.02 2.21 AA/Aa1/- UNITED STATES Sr Unsecured 2,000 P1

CITIGROUP INC US172967JN28 27-Apr-2018 2500 FIXED 1.70 99.09 99.37 1.98 BBB+/Baa1/A UNITED STATES Sr Unsecured 1,000 P1

CONOCOPHILLIPS COMPANY US20826FAJ57 15-May-2020 500 FIXED 2.20 96.40 97.48 2.82 A/A2 /*-/A UNITED STATES Sr Unsecured 2,000 P1

CRED SUIS GP FUN LTD USG25417AB52 26-Mar-2020 1500 FIXED 2.75 99.27 99.66 2.84 BBB+/Baa2 /*-/A SWITZERLAND Sr Unsecured 250,000 P1

CREDIT SUISSE NEW YORK US22546QAV95 27-Apr-2018 2750 FIXED 1.70 99.47 99.47 1.94 A/A1 /*-/A SWITZERLAND Sr Unsecured 250,000 P1

DAIMLER FINANCE NA LLC USU2339CCA46 3-Aug-2018 1000 FIXED 2.00 99.39 99.69 2.13 A-/A3/A- GERMANY Sr Unsecured 150,000 P1

DAIMLER FINANCE NA LLC USU2339CAZ15 31-Jul-2019 750 FIXED 2.25 98.89 99.37 2.44 A-/A3/A- GERMANY Sr Unsecured 150,000 P1

DAIMLER FINANCE NA LLC USU2339CBW74 18-May-2020 1300 FIXED 2.45 98.26 98.74 2.76 A-/A3/A- GERMANY Sr Unsecured 150,000 P1

DEUTSCHE BANK AG LONDON US25152RYD96 13-Feb-2018 2000 FIXED 1.88 99.34 99.61 2.06 BBB+/A3/A- GERMANY Sr Unsecured 1,000 P1

EXXON MOBIL CORPORATION US30231GAG73 6-Mar-2020 1500 FIXED 1.91 99.27 99.90 1.94 AAA/Aaa/- UNITED STATES Sr Unsecured 2,000 P1

FORD MOTOR CREDIT CO LLC US345397XH12 15-Jun-2018 1000 FIXED 2.24 98.95 99.21 2.58 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 200,000 P1

FORD MOTOR CREDIT CO LLC US345397WY53 4-Nov-2019 1250 FIXED 2.60 98.27 98.66 2.97 BBB-/Baa3/BBB- UNITED STATES Sr Unsecured 200,000 P1

FREEPORT-MCMORAN INC US35671DBD66 15-Mar-2018 1500 FIXED 2.38 79.76 80.35 12.97 BBB-/Baa3/BBB UNITED STATES Sr Unsecured 2,000 P3

FREEPORT-MCMORAN INC US35671DBG97 15-Mar-2020 998 FIXED 3.10 64.27 65.30 14.42 BBB-/Baa3/BBB UNITED STATES Sr Unsecured 2,000 P3

GENERAL MOTORS FINL CO US37045XAV82 10-Apr-2018 850 FIXED 2.40 99.46 99.46 2.65 BBB-/Ba1/BBB- UNITED STATES Sr Unsecured 2,000 P1

GENERAL MOTORS FINL CO US37045XAY22 13-Jul-2020 1500 FIXED 3.20 100.51 100.51 3.08 BBB-/Ba1/BBB- UNITED STATES Sr Unsecured 2,000 P1

GLENCORE FUNDING LLC XS1218431705 16-Apr-2018 500 FIXED 2.13 87.28 88.57 7.69 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P3

GLENCORE FUNDING LLC XS0938722401 15-Jan-2019 1500 FIXED 2.50 83.50 84.49 8.41 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P3

GLENCORE FUNDING LLC XS1218432000 16-Apr-2020 1000 FIXED 2.88 80.01 82.11 7.88 BBB/Baa3/- SWITZERLAND Sr Unsecured 2,000 P3

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 6: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD INVESTMENT GRADE ISSUES (SHORT TERM TERM)

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

GOLDCORP INC US380956AC63 15-Mar-2018 500 FIXED 2.13 97.17 97.96 3.10 BBB+/Baa2/BBB CANADA Sr Unsecured 2,000 P1

GOLDMAN SACHS GROUP INC US38148LAA44 23-Apr-2020 1700 FIXED 2.60 99.69 100.12 2.57 BBB+/A3/A UNITED STATES Sr Unsecured 2,000 P1

HSBC USA INC US40434CAC91 23-Jun-2019 750 FIXED 2.25 99.43 99.77 2.32 A/A2/AA- UNITED STATES Sr Unsecured 100,000 P1

HSBC USA INC US40428HPR74 5-Mar-2020 1750 FIXED 2.35 99.04 99.50 2.48 A/A2/AA- UNITED STATES Sr Unsecured 100,000 P1

IBM CORP US459200HM60 15-May-2020 1250 FIXED 1.63 97.75 98.54 1.98 AA-/Aa3/A+ UNITED STATES Sr Unsecured 100,000 P1

IMPERIAL TOBACCO FINANCE USG4721VNR17 20-Jul-2018 500 FIXED 2.05 99.41 99.70 2.17 BBB/Baa3/BBB UNITED KINGDOM Sr Unsecured 200,000 P1

IMPERIAL TOBACCO FINANCE USG4721VNS99 21-Jul-2020 1250 FIXED 2.95 100.12 101.01 2.71 BBB/Baa3/BBB UNITED KINGDOM Sr Unsecured 200,000 P1

JPMORGAN CHASE & CO US48127HAA77 22-Oct-2019 2000 FIXED 2.20 99.86 99.86 2.24 A-/A3/A+ UNITED STATES Sr Unsecured 2,000 P1

JPMORGAN CHASE & CO US46625HKA76 23-Jan-2020 3750 FIXED 2.25 98.86 99.26 2.44 A-/A3/A+ UNITED STATES Sr Unsecured 2,000 P1

LLOYDS BANK PLC US53944VAE92 17-Mar-2020 1000 FIXED 2.40 99.49 99.92 2.42 A/A1/A+ UNITED KINGDOM Sr Unsecured 200,000 P1

MACQUARIE BANK LTD US55608RAM25 21-Jan-2020 750 FIXED 2.40 99.06 99.30 2.58 A/A2/A AUSTRALIA Sr Unsecured 2,000 P1

MARATHON OIL CORP US565849AN67 1-Jun-2020 600 FIXED 2.70 89.66 89.66 5.37 BBB/Baa1 /*-/BBB+ UNITED STATES Sr Unsecured 1,000 P2

MCDONALD'S CORP US58013MET71 26-May-2020 700 FIXED 2.20 99.29 99.29 2.37 BBB+/Baa1/BBB+ UNITED STATES Sr Unsecured 1,000 P1

MERCK & CO INC US58933YAS46 10-Feb-2020 1250 FIXED 1.85 99.46 100.18 1.80 AA/A1/A UNITED STATES Sr Unsecured 2,000 P1

MONSANTO CO US61166WAS08 15-Jul-2019 500 FIXED 2.13 99.84 100.36 2.02 BBB+/A3/A- UNITED STATES Sr Unsecured 2,000 P1

MUFG AMERICAS HLDGS CORP US553794AB47 10-Feb-2020 1000 FIXED 2.25 98.42 98.81 2.56 A/A3/A UNITED STATES Sr Unsecured 2,000 P1

MUFG UNION BANK NA US90520EAF88 6-May-2019 500 FIXED 2.25 99.82 99.82 2.31 A+/A2/A UNITED STATES Sr Unsecured 250,000 P1

PEPSICO INC US713448CS53 30-Apr-2020 750 FIXED 1.85 98.84 99.29 2.02 A/A1/A UNITED STATES Sr Unsecured 2,000 P1

RABOBANK NEDERLAND NY US21688AAD46 14-Jan-2020 1000 FIXED 2.25 99.84 99.84 2.29 A+/Aa2/- NETHERLANDS Sr Unsecured 250,000 P1

ROYAL BANK OF CANADA US780082AA14 5-Feb-2020 2000 FIXED 1.88 98.33 98.33 2.31 -/Aaa/AAA CANADA Secured 1,000 P1

SANTANDER BANK NA US80280JDB44 12-Jan-2018 750 FIXED 2.00 99.21 99.55 2.23 BBB+/Baa2/- UNITED STATES Sr Unsecured 250,000 P1

SANTANDER HOLDINGS USA US80282KAD81 17-Apr-2020 1000 FIXED 2.65 98.39 98.82 2.94 BBB+/Baa2/- UNITED STATES Sr Unsecured 2,000 P1

SHELL INTERNATIONAL FIN US822582BG61 11-May-2020 2000 FIXED 2.13 98.33 98.74 2.43 AA-/Aa1/AA /*- NETHERLANDS Sr Unsecured 1,000 P1

SIEMENS FINANCIERINGSMAT DE000A1G0WD5 16-Aug-2019 1500 FIXED 1.65 98.09 98.89 1.97 A+/A1/A GERMANY Sr Unsecured 250,000 P1

SIEMENS FINANCIERINGSMAT USN82008AC20 27-May-2020 1000 FIXED 2.15 99.13 99.67 2.23 A+/A1/A GERMANY Sr Unsecured 250,000 P1

STANDARD CHARTERED PLC XS1219971931 17-Apr-2020 1250 FIXED 2.25 97.87 98.36 2.66 A-/Aa3 /*-/A+ UNITED KINGDOM Sr Unsecured 200,000 P1

UBS AG STAMFORD CT US90261XHK19 26-Mar-2020 1500 FIXED 2.35 99.79 100.18 2.30 A/A2 /*+/A SWITZERLAND Sr Unsecured 250,000 P1

VODAFONE GROUP PLC US92857WBE93 19-Feb-2018 1400 FIXED 1.50 99.13 99.43 1.78 BBB+/Baa1/BBB+ UNITED KINGDOM Sr Unsecured 1,000 P1

VOLKSWAGEN GROUP AMERICA USU9273AAM72 22-May-2020 750 FIXED 2.40 94.27 95.01 3.64 BBB+/A3/- GERMANY Sr Unsecured 200,000 P1

WELLS FARGO & COMPANY US94974BFU98 22-Apr-2019 1750 FIXED 2.13 99.90 100.39 2.00 A/A2/AA- UNITED STATES Sr Unsecured 1,000 P1

WELLS FARGO & COMPANY US94974BGF13 30-Jan-2020 2000 FIXED 2.15 99.77 99.77 2.21 A/A2/AA- UNITED STATES Sr Unsecured 1,000 P1

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 7: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD GCC ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ABU DHABI NATIONAL ENERG XS0863523972 12-Jan-2018 750 FIXED 2.50 99.36 99.99 2.50 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ABU DHABI NATIONAL ENERG XS0863524277 12-Jan-2023 1250 FIXED 3.63 95.77 96.48 4.21 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ABU DHABI NATIONAL ENERG XS1017435352 6-May-2024 750 FIXED 3.88 95.95 96.68 4.35 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ADCB FINANCE CAYMAN LTD XS0897453907 6-Mar-2018 750 FIXED 2.50 99.36 99.96 2.52 A/A1u/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ADCB FINANCE CAYMAN LTD XS1040257062 4-Mar-2019 750 FIXED 3.00 99.92 100.51 2.83 A/NR/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ADCB FINANCE CAYMAN LTD XS1110651012 16-Sep-2019 600 FIXED 2.75 98.84 99.49 2.90 A/NR/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ADCB FINANCE CAYMAN LTD XS1199968998 10-Mar-2020 750 FIXED 2.63 98.15 98.77 2.94 A/-/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ADCB FINANCE CAYMAN LTD XS0897453493 6-Mar-2023 750 FIXED 4.50 99.92 100.69 4.39 A-/NR/A UNITED ARAB EMIRATES Subordinated 200,000 P3

ADCB FINANCE CAYMAN LTD XS0937539921 28-May-2023 300 VARIABLE 3.13 98.71 99.72 3.25 A-/NR/A UNITED ARAB EMIRATES Subordinated 200,000 P3

APICORP SUKUK XS1310991424 28-Oct-2020 500 FIXED 2.38 97.04 98.00 2.83 -/Aa3/- SUPRANATIONAL Sr Unsecured 200,000 P2

BANK MUSCAT SAOG XS0908549685 26-Mar-2018 500 FIXED 2.50 98.82 99.55 2.71 BBB+/A1/BBB+ OMAN Sr Unsecured 200,000 P2

BATELCO INT FIN NO 1 LTD XS0927183441 1-May-2020 519 FIXED 4.25 94.80 96.12 5.26 BB+/-/BBB- BAHRAIN Sr Unsecured 200,000 P5

BOS FUNDING LTD XS1117297272 8-Jun-2020 500 FIXED 3.37 94.97 95.66 4.47 -/-/BBB+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

CBD CAYMAN XS1321976950 17-Nov-2020 400 FIXED 4.00 100.20 100.82 3.81 -/Baa1/A- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

CBQ FINANCE LTD XS0771860003 11-Apr-2017 500 FIXED 3.38 101.67 102.26 1.56 A-/A1/- QATAR Sr Unsecured 200,000 P2

CBQ FINANCE LTD XS1079720212 24-Jun-2019 750 FIXED 2.88 99.98 100.59 2.69 A-/A1/- QATAR Sr Unsecured 200,000 P2

COMMERCIAL BANK OF DUBAI XS0933999863 21-May-2018 500 FIXED 3.38 100.46 101.11 2.89 -/Baa1/A- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

DEWA SUKUK 2013 LTD XS0897680558 5-Mar-2018 1000 FIXED 3.00 101.49 102.17 1.97 BBB/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

DIB SUKUK LTD XS1241110300 3-Jun-2020 750 FIXED 2.92 97.89 98.68 3.24 -/Baa1/A UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

DIFC SUKUK XS1120403313 12-Nov-2024 700 FIXED 4.33 99.42 100.18 4.30 BBB-/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

DP WORLD LTD XS1234270921 18-May-2020 500 FIXED 3.25 99.20 99.93 3.27 -/Baa3/BBB- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMG SUKUK LTD XS1075401726 18-Jun-2024 750 FIXED 4.56 100.88 101.63 4.33 BBB-/Baa2/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES AIRLINES XS0885065887 6-Feb-2025 679 FIXED 4.50 100.65 101.52 4.12 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES NBD PJSC XS0765257141 28-Mar-2017 1000 FIXED 4.63 102.14 102.73 2.35 -/Baa1/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES NBD PJSC XS0632908314 31-May-2018 332 FLOATING 1.91 98.45 99.62 2.27 -/Baa1/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES NBD PJSC XS1138457590 19-Nov-2019 1000 FIXED 3.25 99.94 100.63 3.08 -/Baa1/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES NBD PJSC XS1227814883 6-May-2020 350 FIXED 3.00 99.31 99.96 3.01 -/Baa1/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES TELECOM CORP XS1077881743 18-Jun-2019 900 FIXED 2.38 99.68 100.24 2.30 AA-/Aa3/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMIRATES TELECOM CORP XS1077883012 18-Jun-2024 500 FIXED 3.50 101.26 102.01 3.23 AA-/Aa3/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

FGB SUKUK COMPANY LTD XS0731930797 18-Jan-2017 500 FIXED 4.05 101.85 102.43 1.67 -/A2/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

FIRST GULF BANK XS0840538994 9-Oct-2017 650 FIXED 2.86 100.78 101.39 2.05 -/A2/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

FIRST GULF BANK XS0992167865 14-Jan-2019 500 FIXED 3.25 101.15 101.73 2.65 -/A2/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

FIRST GULF BANK XS1193304596 24-Feb-2020 750 FIXED 2.63 98.19 98.83 2.93 -/A2/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

HSBC BNK MIDDLE EAST LTD XS1114125534 1-Oct-2019 400 FIXED 2.75 99.81 100.56 2.59 -/A2/AA- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

IBQ FINANCE LTD XS1325770722 25-Nov-2020 500 FIXED 3.50 99.51 100.07 3.48 -/A2/A+ QATAR Sr Unsecured 200,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 8: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD GCC ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ICD FUNDING LTD XS1069870415 21-May-2024 300 FIXED 4.63 99.42 100.32 4.58 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ICD SUKUK CO LTD XS1069869839 21-May-2020 700 FIXED 3.51 99.61 100.40 3.41 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

KINGDOM OF BAHRAIN XS1110833123 19-Sep-2044 1250 FIXED 6.00 76.08 77.50 8.01 BBB-/-/BBB- BAHRAIN Unsecured 200,000 P3

KINGDOM OF BAHRAIN XS1324932273 26-Jan-2021 700 FIXED 5.88 101.73 102.63 5.28 BBB-/-/BBB-e BAHRAIN Sr Unsecured 200,000 P2

KINGDOM OF BAHRAIN XS1324931895 26-Jan-2026 800 FIXED 7.00 99.77 100.56 6.92 BBB-/-/BBB-e BAHRAIN Sr Unsecured 200,000 P3

LAMAR FUNDING LTD XS1117297355 7-May-2025 1000 FIXED 3.96 88.72 89.84 5.35 BBB/A3/- OMAN Sr Unsecured 200,000 P2

MAF GLOBAL SECURITIES XS1064799841 7-May-2024 500 FIXED 4.75 101.70 102.45 4.39 BBB/-/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

MAF SUKUK LTD XS1308713723 3-Nov-2025 500 FIXED 4.50 99.59 100.24 4.47 BBB/-/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

MASHREQBANK PSC XS0283928264 24-Jan-2017 354 FLOATING 1.44 97.29 98.69 2.99 BBB/Ba2/A- UNITED ARAB EMIRATES Subordinated 100,000 P3

MDC-GMTN B.V. XS1062852253 28-Apr-2022 750 FIXED 3.25 99.95 100.70 3.13 AA/Aa2/AA UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

MUBADALA GE CAPITAL LTD XS1198082437 10-Nov-2019 0 FIXED 3.00 #N/A N/A #N/A N/A #N/A N/A -/WR/WD UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

MUMTALAKAT SUKUK HOLDING XS1143085014 25-Nov-2021 600 FIXED 4.00 94.56 95.56 4.88 BBB-/-/BBB- BAHRAIN Sr Unsecured 200,000 P2

NATIONAL BANK OF OMAN XS1117537172 7-Oct-2019 500 FIXED 3.13 99.99 100.72 2.92 -/A3/- OMAN Sr Unsecured 200,000 P2

NATIONAL BK OF ABU DHABI XS0815939656 13-Aug-2019 750 FIXED 3.00 101.51 102.17 2.37 AA-/Aa3/AA- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

NATIONAL BK OF ABU DHABI XS1186986904 11-Feb-2020 750 FIXED 2.25 98.21 98.88 2.54 AA-/Aa3/AA- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

OOREDOO INTERNATIONAL FI XS0866438475 21-Feb-2023 1000 FIXED 3.25 97.20 97.92 3.58 A-/A2/A+ QATAR Sr Unsecured 200,000 P2

OOREDOO INTERNATIONAL FI XS0880134258 31-Jan-2028 500 FIXED 3.88 94.85 95.58 4.35 A-/A2/A+ QATAR Sr Unsecured 200,000 P3

OOREDOO INTERNATIONAL FI XS0881740384 31-Jan-2043 500 FIXED 4.50 96.56 97.78 4.64 A-/A2/A+ QATAR Sr Unsecured 200,000 P3

OOREDOO TAMWEEL LTD XS0999501538 3-Dec-2018 1250 FIXED 3.04 101.39 101.96 2.34 A-/A2/A+ QATAR Sr Unsecured 200,000 P2

QIB SUKUK LTD XS1310192031 27-Oct-2020 750 FIXED 2.75 98.16 98.75 3.04 -/-/A+ QATAR Sr Unsecured 200,000 P2

QNB FINANCE LTD XS0748305017 22-Feb-2017 1000 FIXED 3.38 101.55 102.08 1.51 A+/Aa3/AA- QATAR Sr Unsecured 200,000 P2

QNB FINANCE LTD XS0854469599 14-Feb-2018 1000 FIXED 2.13 99.45 99.99 2.13 A+/Aa3/AA- QATAR Sr Unsecured 200,000 P2

QNB FINANCE LTD XS0987063566 31-Oct-2018 750 FIXED 2.75 100.56 101.16 2.32 A+/Aa3/AA- QATAR Sr Unsecured 200,000 P2

QNB FINANCE LTD XS0923450414 29-Apr-2020 1000 FIXED 2.88 100.43 101.05 2.62 -/Aa3/AA- QATAR Sr Unsecured 200,000 P2

RAK CAPITAL XS0981184541 21-Oct-2018 500 FIXED 3.30 102.13 102.78 2.26 A/-/A UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

RAKFUNDING CAYMAN LTD XS1078355986 24-Jun-2019 800 FIXED 3.25 98.25 99.01 3.56 -/Baa1/BBB+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

SABIC CAPITAL II BV XS0971431613 3-Oct-2018 1000 FIXED 2.63 100.01 100.58 2.40 A+/A1/A+ SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0764883806 3-Apr-2017 500 FIXED 2.67 100.41 101.08 1.78 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0908512410 8-Apr-2023 1000 FIXED 3.47 97.77 98.50 3.71 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0911024635 8-Apr-2043 1000 FIXED 5.06 85.16 86.42 6.09 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P3

SHARJAH SUKUK LTD XS1106137687 17-Sep-2024 750 FIXED 3.76 100.26 101.09 3.62 A/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

SIB SUKUK CO III LTD XS0916902769 16-Apr-2018 500 FIXED 2.95 100.78 101.43 2.30 BBB+/-/BBB+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

SIB SUKUK CO III LTD XS1202089428 17-Mar-2020 500 FIXED 2.84 98.16 98.91 3.12 -/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

SOQ SUKUK A Q.S.C XS0801656330 18-Jan-2023 2000 FIXED 3.24 103.32 103.94 2.62 AA/Aa2/- QATAR Sr Unsecured 200,000 P2

TAQA ABU DHABI NATL ENER XS0717839525 13-Mar-2017 750 FIXED 4.13 101.66 102.27 2.17 A-/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 9: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD EMERGING MARKET INVESTMENT GRADE ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

AMERICA MOVIL SAB DE CV US02364WBD65 16-Jul-2022 1600 FIXED 3.13 98.21 98.96 3.30 A-/A2/A MEXICO Sr Unsecured 200,000 P2

AMERICA MOVIL SAB DE CV US02364WBE49 16-Jul-2042 1150 FIXED 4.38 90.11 91.51 4.95 A-/A2/A MEXICO Sr Unsecured 200,000 P3

AXIATA SPV2 BHD XS1316202255 19-Nov-2020 500 FIXED 3.47 100.10 100.45 3.37 BBB/Baa2/- MALAYSIA Sr Unsecured 200,000 P2

COMISION FED DE ELECTRIC USP30179AK43 14-Feb-2042 750 FIXED 5.75 88.13 89.72 6.58 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 200,000 P3

ECOPETROL SA US279158AK55 16-Jan-2025 1200 FIXED 4.13 80.03 80.90 7.02 BBB/Baa2/BBB COLOMBIA Sr Unsecured 1,000 P2

ECOPETROL SA US279158AL39 26-Jun-2026 1500 FIXED 5.38 84.96 85.91 7.33 BBB/Baa2/BBB COLOMBIA Sr Unsecured 1,000 P3

ECOPETROL SA US279158AJ82 28-May-2045 2000 FIXED 5.88 71.02 72.32 8.43 BBB/Baa2/BBB COLOMBIA Sr Unsecured 1,000 P3

EMBRAER NETHERLANDS FINA US29082HAA05 15-Jun-2025 1000 FIXED 5.05 91.01 92.00 6.18 BBB/Baa3/- BRAZIL Sr Unsecured 2,000 P2

FOMENTO ECONOMICO MEX US344419AB20 10-May-2043 700 FIXED 4.38 89.20 92.81 4.85 A-/-/A MEXICO Sr Unsecured 150,000 P3

GERDAU TRADE INC USG3925DAA84 30-Jan-2021 1250 FIXED 5.75 78.82 80.11 10.97 BBB-/NR/BBB- BRAZIL Sr Unsecured 100,000 P3

GERDAU TRADE INC USG3925DAB67 15-Apr-2023 750 FIXED 4.75 69.81 71.42 10.46 BBB-/Baa3 /*-/BBB- BRAZIL Sr Unsecured 200,000 P3

GRUPO TELEVISA SAB US40049JBA43 13-May-2045 1000 FIXED 5.00 85.63 86.87 5.95 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 200,000 P3

LUKOIL INTL FINANCE BV XS0919502434 24-Apr-2018 1500 FIXED 3.42 97.21 97.95 4.36 BBB-/Ba1/BBB- RUSSIAN FEDERATION Sr Unsecured 200,000 P2

LUKOIL INTL FINANCE BV XS0304274599 7-Jun-2022 500 FIXED 6.66 102.49 103.33 6.02 BBB-/Ba1/BBB- RUSSIAN FEDERATION Sr Unsecured 100,000 P2

LUKOIL INTL FINANCE BV XS0919504562 24-Apr-2023 1500 FIXED 4.56 89.58 90.45 6.21 BBB-/Ba1/BBB- RUSSIAN FEDERATION Sr Unsecured 200,000 P2

MMC NORILSK NICK VIA MMC XS0982861287 28-Oct-2020 1000 FIXED 5.55 99.88 100.59 5.41 BBB-/Ba1/BBB- RUSSIAN FEDERATION Sr Unsecured 200,000 P2

PETROLEOS MEXICANOS US71654QBG64 30-Jan-2023 2100 FIXED 3.50 86.70 87.55 5.66 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 10,000 P2

PETROLEOS MEXICANOS US71656MBA62 15-Jan-2025 1000 FIXED 4.25 87.79 88.61 5.90 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 10,000 P2

PETROLEOS MEXICANOS US71656MBD02 23-Jan-2026 1500 FIXED 4.50 88.19 88.95 5.98 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 10,000 P3

PETROLEOS MEXICANOS US71656MBE84 23-Jan-2046 3000 FIXED 5.63 76.44 77.35 7.54 BBB+/Baa1/BBB+ MEXICO Sr Unsecured 10,000 P3

PHILIPPINE GOVERNMENT PHY6972FTP53 4-Jun-2023 500 FIXED 2.75 97.60 98.85 2.92 -/Baa2/- PHILIPPINES Sr Unsecured 10,000 P2

REPUBLIC OF AZERBAIJAN XS1044540547 18-Mar-2024 1250 FIXED 4.75 93.40 94.42 5.61 -/Baa3/BBB- AZERBAIJAN Sr Unsecured 200,000 P2

REPUBLIC OF COLOMBIA USP3772NHK11 15-Mar-2023 1000 FIXED 2.63 88.50 88.50 4.52 BBB/Baa2/BBB COLOMBIA Sr Unsecured 200,000 P2

REPUBLIC OF COLOMBIA US195325BQ70 26-Feb-2024 2100 FIXED 4.00 95.50 95.50 4.67 BBB/Baa2/BBB COLOMBIA Sr Unsecured 200,000 P2

REPUBLIC OF COLOMBIA US195325CU73 15-Jun-2045 2500 FIXED 5.00 84.13 84.13 6.18 BBB/Baa2/BBB COLOMBIA Sr Unsecured 200,000 P3

REPUBLIC OF KAZAKHSTAN XS1120709669 14-Oct-2024 1500 FIXED 3.88 94.02 94.82 4.60 BBB/Baa2/BBB+ KAZAKHSTAN Sr Unsecured 200,000 P2

REPUBLIC OF KAZAKHSTAN XS1263054519 21-Jul-2025 2500 FIXED 5.13 98.69 99.41 5.20 BBB/Baa2/BBB+ KAZAKHSTAN Sr Unsecured 200,000 P2

REPUBLIC OF KAZAKHSTAN XS1120709826 14-Oct-2044 1000 FIXED 4.88 84.35 84.35 6.03 BBB/Baa2/BBB+ KAZAKHSTAN Sr Unsecured 200,000 P3

REPUBLIC OF KAZAKHSTAN XS1263139856 21-Jul-2045 1500 FIXED 6.50 98.28 99.16 6.56 BBB/Baa2/BBB+ KAZAKHSTAN Sr Unsecured 200,000 P3

REPUBLIC OF PANAMA US698299BE38 16-Mar-2025 1250 FIXED 3.75 98.07 98.97 3.88 BBB/Baa2/BBB PANAMA Sr Unsecured 200,000 P2

REPUBLIC OF TURKEY US900123CA66 23-Mar-2023 1500 FIXED 3.25 91.39 91.85 4.59 -/Baa3/BBB- TURKEY Sr Unsecured 200,000 P2

REPUBLIC OF TURKEY US900123CJ75 14-Apr-2026 1500 FIXED 4.25 93.48 94.14 4.98 -/Baa3/BBB- TURKEY Sr Unsecured 200,000 P3

REPUBLIC OF TURKEY US900123CB40 16-Apr-2043 3000 FIXED 4.88 87.43 88.05 5.75 -/Baa3/BBB- TURKEY Sr Unsecured 200,000 P3

TRANSPORT DE GAS PERU USP9367RAG67 30-Apr-2028 850 FIXED 4.25 93.15 94.60 4.93 BBB+/Baa1/BBB+ PERU Sr Unsecured 200,000 P3

TURK TELEKOMUNIKASYON AS XS1028952155 19-Jun-2019 500 FIXED 3.75 98.93 99.68 3.85 BBB-/-/BBB- TURKEY Sr Unsecured 200,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 10: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD EMERGING MARKET INVESTMENT GRADE ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

TURK TELEKOMUNIKASYON AS XS1028951264 19-Jun-2024 500 FIXED 4.88 94.42 95.35 5.57 BBB-/-/BBB- TURKEY Sr Unsecured 200,000 P2

TURKCELL ILETISIM HIZMET XS1298711729 15-Oct-2025 500 FIXED 5.75 96.16 97.03 6.16 BBB-/Baa3/BBB- TURKEY Unsecured 200,000 P2

UNITED MEXICAN STATES US91087BAA89 30-Jan-2025 3000 FIXED 3.60 97.10 98.10 3.85 BBB+/A3/BBB+ MEXICO Sr Unsecured 200,000 P2

UNITED MEXICAN STATES US91086QBB32 8-Mar-2044 4463 FIXED 4.75 91.00 92.00 5.30 BBB+/A3/BBB+ MEXICO Sr Unsecured 2,000 P3

UNITED MEXICAN STATES US91086QBF46 23-Jan-2046 3000 FIXED 4.60 88.50 89.50 5.30 BBB+/A3/BBB+ MEXICO Sr Unsecured 200,000 P3

VALE OVERSEAS LIMITED US91911TAM53 11-Jan-2022 2250 FIXED 4.38 75.30 76.45 9.62 BBB/Baa3/BBB /*- BRAZIL Sr Unsecured 2,000 P3

VALE OVERSEAS LIMITED US91911TAH68 21-Nov-2036 2500 FIXED 6.88 69.55 71.25 10.23 BBB/Baa3/BBB /*- BRAZIL Sr Unsecured 2,000 P3

VALE OVERSEAS LIMITED US91911TAK97 10-Nov-2039 1750 FIXED 6.88 69.26 70.81 10.14 BBB/Baa3/BBB /*- BRAZIL Sr Unsecured 2,000 P3

VALE SA US91912EAA38 11-Sep-2042 1500 FIXED 5.63 66.47 68.39 8.69 BBB/Baa3/BBB /*- BRAZIL Sr Unsecured 2,000 P3

YAPI VE KREDI BANKASI XS0874840688 22-Jan-2020 500 FIXED 4.00 95.84 96.61 4.94 -/Baa3/BBB TURKEY Sr Unsecured 200,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 11: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 USD SUKUK

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ADCB ISLAMIC FINANCE CAY XS0708308845 22-Nov-2016 500 FIXED 4.07 101.69 102.23 1.50 A/A1u/A+ UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

APICORP SUKUK XS1310991424 28-Oct-2020 500 FIXED 2.38 97.04 98.00 2.83 -/Aa3/- SUPRANATIONAL Sr Unsecured 200,000 P2

AXIATA SPV2 BHD XS1316202255 19-Nov-2020 500 FIXED 3.47 100.10 100.45 3.37 BBB/Baa2/- MALAYSIA Sr Unsecured 200,000 P2

DIB SUKUK LTD XS1241110300 3-Jun-2020 750 FIXED 2.92 97.89 98.68 3.24 -/Baa1/A UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

DIFC SUKUK XS1120403313 12-Nov-2024 700 FIXED 4.33 99.42 100.18 4.30 BBB-/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMAAR SUKUK LTD XS0805885349 18-Jul-2019 500 FIXED 6.40 110.89 111.66 2.90 BBB-/Ba1/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMAAR SUKUK LTD XS0586840588 3-Aug-2016 500 FIXED 8.50 103.73 104.33 0.93 BBB-/Ba1/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

EMG SUKUK LTD XS1075401726 18-Jun-2024 750 FIXED 4.56 100.88 101.63 4.33 BBB-/Baa2/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

HONG KONG SUKUK USY35527AA11 18-Sep-2019 1000 FIXED 2.01 99.49 99.94 2.02 AAA/Aa1/- HONG KONG Unsecured 200,000 P2

HONG KONG SUKUK 2015 LTD XS1226268735 3-Jun-2020 1000 FIXED 1.89 98.69 99.08 2.11 AAA/Aa1/- HONG KONG Sr Unsecured 200,000 P2

ICD SUKUK CO LTD XS1069869839 21-May-2020 700 FIXED 3.51 99.61 100.40 3.41 -/-/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

ISLAMIC REP OF PAKISTAN XS1147732553 3-Dec-2019 1000 FIXED 6.75 101.26 102.12 6.13 B-/B3/B PAKISTAN Sr Unsecured 200,000 P5

MAF SUKUK LTD XS1308713723 3-Nov-2025 500 FIXED 4.50 99.59 100.24 4.47 BBB/-/BBB UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

MALAYSIA SOVEREIGN SUKUK USY5749LAA99 22-Apr-2025 1000 FIXED 3.04 95.90 96.60 3.47 A-/A3/- MALAYSIA Unsecured 200,000 P2

MALAYSIA SOVEREIGN SUKUK USY5749LAB72 22-Apr-2045 500 FIXED 4.24 92.90 94.21 4.60 A-/A3/- MALAYSIA Unsecured 200,000 P4

OOREDOO TAMWEEL LTD XS0999501538 3-Dec-2018 1250 FIXED 3.04 101.39 101.96 2.34 A-/A2/A+ QATAR Sr Unsecured 200,000 P2

PERUSAHAAN PENERBIT SBSN USY68616AA22 21-Nov-2018 1000 FIXED 4.00 103.93 104.54 2.36 BB+/Baa3/BBB- INDONESIA Sr Unsecured 200,000 P3

PERUSAHAAN PENERBIT SBSN US71567RAC07 10-Sep-2024 1500 FIXED 4.35 95.90 96.62 4.83 -/Baa3/BBB- INDONESIA Sr Unsecured 200,000 P4

PERUSAHAAN PENERBIT SBSN US71567RAB24 15-Mar-2019 1500 FIXED 6.13 108.94 109.54 2.97 BB+/Baa3/BBB- INDONESIA Sr Unsecured 200,000 P3

PERUSAHAAN PENERBIT SBSN US71567RAA41 21-Nov-2022 1000 FIXED 3.30 92.92 93.65 4.38 BB+/Baa3/BBB- INDONESIA Sr Unsecured 200,000 P4

PERUSAHAAN PENERBIT SBSN US71567RAD89 28-May-2025 2000 FIXED 4.33 95.76 96.36 4.81 BB+/Baa3/BBB- INDONESIA Sr Unsecured 200,000 P4

PETRONAS GLOBAL SUKUK LT USY68868AA92 18-Mar-2020 1250 FIXED 2.71 98.80 99.13 2.93 A-/A1/- MALAYSIA Sr Unsecured 200,000 P2

QIB SUKUK LTD XS1310192031 27-Oct-2020 750 FIXED 2.75 98.16 98.75 3.04 -/-/A+ QATAR Sr Unsecured 200,000 P2

SAUDI ELEC GLOBAL SUKUK XS1054250318 8-Apr-2044 1000 FIXED 5.50 89.01 90.34 6.23 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P3

SAUDI ELEC GLOBAL SUKUK XS1054250235 8-Apr-2024 1500 FIXED 4.00 98.76 99.57 4.06 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0767862914 3-Apr-2022 1250 FIXED 4.21 102.48 103.23 3.63 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0764883806 3-Apr-2017 500 FIXED 2.67 100.41 101.08 1.78 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SAUDI ELECTRICITY GLOBAL XS0911024635 8-Apr-2043 1000 FIXED 5.06 85.16 86.42 6.09 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P3

SAUDI ELECTRICITY GLOBAL XS0908512410 8-Apr-2023 1000 FIXED 3.47 97.77 98.50 3.71 A+/A1/AA- SAUDI ARABIA Sr Unsecured 200,000 P2

SHARJAH SUKUK LTD XS1106137687 17-Sep-2024 750 FIXED 3.76 100.26 101.09 3.62 A/A3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

SOQ SUKUK A Q.S.C XS0801656330 18-Jan-2023 2000 FIXED 3.24 103.32 103.94 2.62 AA/Aa2/- QATAR Sr Unsecured 200,000 P2

SOQ SUKUK A Q.S.C XS0801656256 18-Jan-2018 2000 FIXED 2.10 101.00 101.49 1.35 AA/Aa2/- QATAR Sr Unsecured 200,000 P2

SUKUK FUNDING NO3 LTD XS0993959583 3-Dec-2018 750 FIXED 4.35 103.13 103.83 2.96 BBB-/Baa3/- UNITED ARAB EMIRATES Sr Unsecured 200,000 P2

WAKALA GLOBAL SUKUK BHD USY9485PAB86 6-Jul-2021 800 FIXED 4.65 108.17 108.61 2.94 A-/A3/- MALAYSIA Sr Unsecured 250,000 P2

WAKALA GLOBAL SUKUK BHD USY9485PAA04 6-Jul-2016 1200 FIXED 2.99 100.68 100.83 1.31 A-/A3/- MALAYSIA Sr Unsecured 250,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 12: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 EUR INVESTMENT GRADE ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

ABN AMRO BANK NV XS1218821756 16-Apr-2025 1250 FIXED 1.00 95.64 96.16 1.45 A/A2/A NETHERLANDS Sr Unsecured 1,000 P2

ANGLO AMERICAN CAPITAL XS0923361827 29-Apr-2021 750 FIXED 2.50 69.14 70.41 9.93 BBB- /*-/Baa3 /*-/BBB- /*- UNITED KINGDOM Sr Unsecured 100,000 P3

AT&T INC XS1196373507 5-Sep-2023 1250 FIXED 1.30 96.91 97.39 1.67 BBB+/Baa1/A- UNITED STATES Sr Unsecured 100,000 P2

BANK OF AMERICA CORP XS1209863254 26-Mar-2025 750 FIXED 1.38 95.45 95.96 1.86 BBB+/Baa1/A UNITED STATES Sr Unsecured 100,000 P2

BANKIA SA ES0413307093 25-Sep-2025 1000 FIXED 1.00 93.61 94.36 1.63 A+/A1u/A- SPAIN Secured 100,000 P2

BARCLAYS PLC XS1116480697 1-Apr-2022 1000 FIXED 1.50 99.13 99.52 1.58 BBB/Baa3/A UNITED KINGDOM Sr Unsecured 100,000 P2

BERKSHIRE HATHAWAY INC XS1200670955 16-Mar-2023 750 FIXED 0.75 96.49 97.01 1.19 AA /*-/Aa2/A+ UNITED STATES Sr Unsecured 100,000 P2

BHP BILLITON FINANCE LTD XS1225004461 28-Oct-2022 650 FIXED 0.75 93.11 93.86 1.71 A+/A1 /*-/A+ AUSTRALIA Sr Unsecured 100,000 P2

BLACKROCK INC XS1117297785 6-May-2025 700 FIXED 1.25 95.92 96.66 1.64 AA-/A1/- UNITED STATES Sr Unsecured 100,000 P2

BMW FINANCE NV XS1168962063 21-Jan-2025 750 FIXED 1.00 95.64 96.18 1.45 A+/A2/- GERMANY Sr Unsecured 1,000 P2

BNP PARIBAS XS1190632999 17-Feb-2025 1500 FIXED 2.38 97.61 98.21 2.60 BBB+/Baa2/A FRANCE Subordinated 100,000 P3

BP CAPITAL MARKETS PLC XS1190973559 16-Feb-2023 1250 FIXED 1.11 97.50 98.01 1.40 A/A2/A UNITED KINGDOM Sr Unsecured 100,000 P2

BPCE SA FR0012633345 12-Mar-2025 375 FIXED 2.25 94.13 94.66 2.92 BBB/Baa3/A- FRANCE Subordinated 100,000 P3

BRISTOL-MYERS SQUIBB CO XS1226748439 15-May-2025 575 FIXED 1.00 96.74 97.29 1.31 A+/A2/A- UNITED STATES Sr Unsecured 100,000 P2

CARREFOUR SA XS1179916017 3-Jun-2025 750 FIXED 1.25 97.23 97.81 1.50 BBB+/NR/BBB+ FRANCE Sr Unsecured 100,000 P2

CITIGROUP INC XS1173792059 28-Jan-2025 1250 FIXED 1.75 98.78 99.29 1.84 BBB+/Baa1/A UNITED STATES Sr Unsecured 100,000 P2

COCA-COLA CO/THE XS1197832915 9-Mar-2023 1500 FIXED 0.75 97.55 98.00 1.04 AA/Aa3/A+ UNITED STATES Sr Unsecured 100,000 P2

CRED SUIS GP FUN LTD XS1218287230 14-Apr-2022 2250 FIXED 1.25 96.92 97.28 1.71 BBB+/Baa2 /*-/A SWITZERLAND Sr Unsecured 100,000 P2

CREDIT AGRICOLE LONDON XS1169630602 19-Jan-2022 1500 FIXED 0.88 98.43 98.81 1.08 A/A2/A FRANCE Sr Unsecured 100,000 P2

CREDIT AGRICOLE LONDON FR0012534931 13-Feb-2022 700 FIXED 0.89 98.39 98.79 1.09 A/A2/A FRANCE Sr Unsecured 100,000 P2

CREDIT AGRICOLE LONDON FR0012770261 9-Jun-2022 500 FIXED 1.16 99.61 100.04 1.15 A/A2/A FRANCE Sr Unsecured 100,000 P2

DANONE SA FR0012432912 14-Jan-2025 750 FIXED 1.13 97.15 97.67 1.40 A-/Baa1/- FRANCE Sr Unsecured 100,000 P2

DEUTSCHE BANK AG DE000DB7XJJ2 17-Feb-2025 1250 FIXED 2.75 93.03 93.80 3.56 BB+/Ba1/BBB+ GERMANY Subordinated 1,000 P5

DEUTSCHE BANK AG DE000DB7XJP9 17-Mar-2025 1500 FIXED 1.13 93.26 93.76 1.87 BBB+/A3/A- GERMANY Sr Unsecured 100,000 P2

EDP FINANCE BV XS1222590488 22-Apr-2025 750 FIXED 2.00 90.98 91.83 3.02 BB+/Baa3/BBB- PORTUGAL Sr Unsecured 100,000 P4

ERSTE GROUP BANK AG AT000B002852 1-Jun-2021 359ZERO

COUPON0.00 94.17 94.51 1.05 -/Baa2/BBB+ AUSTRIA Sr Unsecured 1,000 P2

GE CAPITAL EURO FUNDING XS1169353254 21-Jan-2022 1000 FIXED 0.80 98.84 99.23 0.93 AA+/A1/- UNITED STATES Sr Unsecured 100,000 P2

GLENCORE FINANCE EUROPE XS1202846819 17-Mar-2021 1250 FIXED 1.25 72.36 73.55 7.60 BBB/Baa3/- SWITZERLAND Sr Unsecured 100,000 P3

GLENCORE FINANCE EUROPE XS1110430193 18-Jan-2022 700 FIXED 1.63 69.60 70.84 7.88 BBB/Baa3/- SWITZERLAND Sr Unsecured 100,000 P3

GLENCORE FINANCE EUROPE XS1202849086 17-Mar-2025 750 FIXED 1.75 62.46 63.70 7.31 BBB/Baa3/- SWITZERLAND Sr Unsecured 100,000 P3

GOLDMAN SACHS GROUP INC XS1173845436 26-Jul-2022 1000 FIXED 1.38 99.67 100.05 1.37 BBB+/A3/A UNITED STATES Sr Unsecured 1,000 P2

IBERDROLA INTL BV XS1171541813 27-Jan-2023 600 FIXED 1.13 98.28 98.81 1.30 BBB/Baa1/BBB+ SPAIN Sr Unsecured 100,000 P2

INTESA SANPAOLO SPA XS1197351577 4-Mar-2022 1500 FIXED 1.13 97.31 97.78 1.51 BBB-/Baa1/BBB+ ITALY Sr Unsecured 100,000 P2

JPMORGAN CHASE & CO XS1174469137 27-Jan-2025 1500 FIXED 1.50 98.64 99.15 1.60 A-/A3/A+ UNITED STATES Sr Unsecured 100,000 P2

LLOYDS BANK PLC XS1167204699 13-Jan-2025 1250 FIXED 1.25 97.96 98.45 1.43 A/A1/A+ UNITED KINGDOM Sr Unsecured 100,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains

Page 13: mashreqlast month from a three-year low of 49.6 in November, the National Bureau of Statistics said Friday. The Caixin China Manufacturing PMI index released Monday showed a drop to

Fixed Income Trading

January 4, 2016 EUR INVESTMENT GRADE ISSUES

Security Name ISIN Code MaturityOutstanding

Amount (Mio)

Coupon

TypeCoupon % Indic. Bid

Indic.

Offer

Offer

Yield %

Credit Rating

S&P/Moody/FitchCountry Payment Rank Min. Size

Risk

Rating

MACQUARIE BANK LTD XS1169353338 20-Jan-2022 500 FIXED 1.13 97.26 97.75 1.52 A/A2/A AUSTRALIA Sr Unsecured 100,000 P2

MCDONALD'S CORP XS1237271009 26-May-2022 800 FIXED 1.13 99.56 99.93 1.14 BBB+/Baa1/BBB+ UNITED STATES Sr Unsecured 100,000 P2

METRO AG XS1203941775 19-Mar-2025 600 FIXED 1.50 94.87 95.52 2.04 BBB-/Baa3u/BBB- GERMANY Sr Unsecured 1,000 P2

MORGAN STANLEY XS1180256528 30-Jan-2025 1500 FIXED 1.75 98.54 99.02 1.87 BBB+/A3/A UNITED STATES Sr Unsecured 100,000 P2

ROCHE FINANCE EUROPE BV XS1195056079 25-Feb-2025 1000 FIXED 0.88 98.29 99.00 0.99 AA/A1/- SWITZERLAND Sr Unsecured 1,000 P2

SANTANDER ISSUANCES XS1201001572 18-Mar-2025 1500 FIXED 2.50 94.07 94.78 3.16 BBB/Baa2/BBB+ SPAIN Subordinated 100,000 P3

SAP SE DE000A14KJF5 1-Apr-2025 600 FIXED 1.00 97.26 97.88 1.24 A/A2/- GERMANY Sr Unsecured 1,000 P2

SOCIETE GENERALE XS1195574881 27-Feb-2025 1250 FIXED 2.63 96.19 96.89 3.02 -/Baa3/A- FRANCE Subordinated 100,000 P3

STANDARD CHARTERED PLC XS1140857316 19-Nov-2024 500 FIXED 3.13 96.42 97.35 3.48 BBB/A2 /*-/A UNITED KINGDOM Subordinated 100,000 P3

STATOIL ASA XS1190624111 17-Feb-2023 1000 FIXED 0.88 96.80 97.31 1.27 AA-/Aa2/- NORWAY Sr Unsecured 100,000 P2

TOTAL CAPITAL INTL SA XS1139315581 19-Mar-2025 850 FIXED 1.38 97.25 97.89 1.62 AA-/Aa1/AA- FRANCE Sr Unsecured 100,000 P2

VOLKSWAGEN INTL FIN NV XS1167644407 16-Jan-2023 1000 FIXED 0.88 91.96 92.68 2.00 BBB+/A3/- GERMANY Sr Unsecured 1,000 P2

=> All Conditions are Indicative and subject ot market changes and liquidity constrains


Especialización Online Project Management - iep.edu.es · PMI Scheduling Professional (PMI-SP), PMI, PMI REP Logo, PMBOK, PMP, CAPM, PMI-RMP y PMI-ACP son marcas registradas del

Especialización Online Project Management - iep.edu.es · PMI Scheduling Professional (PMI-SP), PMI, PMI REP Logo, PMBOK, PMP, CAPM, PMI-RMP y PMI-ACP son marcas registradas del

Documents
PMI Agile Certified Practitioner (PMI-ACP) · PMI Agile Certified Practitioner (PMI-ACP) PMI has many online resources available to help practitioners learn more about becoming

PMI Agile Certified Practitioner (PMI-ACP) · PMI Agile Certified Practitioner (PMI-ACP) PMI has many online resources available to help practitioners learn more about becoming

Documents
Gale PMI 101. Brief Overview of what you can expect What is a PMI Gale PMI Process Basecamp Gale PMI Template Stages of a PMI PMI Website

Gale PMI 101. Brief Overview of what you can expect What is a PMI Gale PMI Process Basecamp Gale PMI Template Stages of a PMI PMI Website

Documents
Especialización Online Project Management · PMI Scheduling Professional (PMI-SP), PMI, PMI REP Logo, PMBOK, PMP, CAPM, PMI-RMP y PMI-ACP son marcas registradas del Project Management

Especialización Online Project Management · PMI Scheduling Professional (PMI-SP), PMI, PMI REP Logo, PMBOK, PMP, CAPM, PMI-RMP y PMI-ACP son marcas registradas del Project Management

Documents
POWERPOINT PRESENTATION TEMPLATE...42 44 46 48 50 52 54 56 58 60 Chinese manufacturing PMI Caixin/Markit PMI China Federation of Logistics & Purchasing PMI 34 38 42 46 50 54 58 62

POWERPOINT PRESENTATION TEMPLATE...42 44 46 48 50 52 54 56 58 60 Chinese manufacturing PMI Caixin/Markit PMI China Federation of Logistics & Purchasing PMI 34 38 42 46 50 54 58 62

Documents
May 2018 Mastercard Caixin BBD China New Economy Indexindex.caixin.com/upload/NEI201805e.pdf · May 2018 Mastercard Caixin BBD China New Economy Index Released: 10:00 am Beijing Time

May 2018 Mastercard Caixin BBD China New Economy Indexindex.caixin.com/upload/NEI201805e.pdf · May 2018 Mastercard Caixin BBD China New Economy Index Released: 10:00 am Beijing Time

Documents
PMI Rome - Risk Management Professional PMI-RMP ...oilindustry.ir/Upload/789RP-001-PMI Risk Management Professional … · Overview of the PMI-RMP Credential ... PMI-RMP ® Exam Content

PMI Rome - Risk Management Professional PMI-RMP ...oilindustry.ir/Upload/789RP-001-PMI Risk Management Professional … · Overview of the PMI-RMP Credential ... PMI-RMP ® Exam Content

Documents
PowerPoint Presentation€¦ · Falling China Factory Gauge Rattles Hopes for Second-Half Growth Preliminary Caixin China manufacturing PMI falls to 47.0 WSJttÄ BANKING OUR INTELLIGENCE,

PowerPoint Presentation€¦ · Falling China Factory Gauge Rattles Hopes for Second-Half Growth Preliminary Caixin China manufacturing PMI falls to 47.0 WSJttÄ BANKING OUR INTELLIGENCE,

Documents
Agile Certified Practitioner (PMI-ACP)pmi-metrolina.com/downloads/2012_PDD_Presentations/20120915_pdd... · Source: PMI Agile Certified Practitioner (PMI-ACP) Examination Content

Agile Certified Practitioner (PMI-ACP)pmi-metrolina.com/downloads/2012_PDD_Presentations/20120915_pdd... · Source: PMI Agile Certified Practitioner (PMI-ACP) Examination Content

Documents
December 2017 Mastercard Caixin BBD China New Economy Indexindex.caixin.com/upload/NEI201712e.pdf · December 2017 Mastercard Caixin BBD China New Economy Index Released: 10:00 am

December 2017 Mastercard Caixin BBD China New Economy Indexindex.caixin.com/upload/NEI201712e.pdf · December 2017 Mastercard Caixin BBD China New Economy Index Released: 10:00 am

Documents
GUIA ÁGIL - Agile Alliance€¦ · PMI, o logotipo do PMI, PMBOK, OPM3, PMP, CAPM, PgMP, PfMP, PMI-RMP, PMI-SP, PMI-ACP, PMI-PBA, PROJECT MANAGEMENT JOURNAL, PM NETWORK, PMI TODAY,

GUIA ÁGIL - Agile Alliance€¦ · PMI, o logotipo do PMI, PMBOK, OPM3, PMP, CAPM, PgMP, PfMP, PMI-RMP, PMI-SP, PMI-ACP, PMI-PBA, PROJECT MANAGEMENT JOURNAL, PM NETWORK, PMI TODAY,

Documents
phoenixparamedics.inphoenixparamedics.in/Upload/Examination Centre...MUBARAK PMI TENGPORA RAMZAN PMI NOWGAM AHMADS PMI NOWGAM KASHMIR PMI HOKERSAR GREEN VALLEY PMI DHOBIWAN KIDNEY

phoenixparamedics.inphoenixparamedics.in/Upload/Examination Centre...MUBARAK PMI TENGPORA RAMZAN PMI NOWGAM AHMADS PMI NOWGAM KASHMIR PMI HOKERSAR GREEN VALLEY PMI DHOBIWAN KIDNEY

Documents
ASA MATERIALS MARKET DIGEST - Gallouptime since July, 2009, according to the Institute for Supply Management’s authoritative PMI. The Purchasing Managers Index dropped to 49.6 percent,

ASA MATERIALS MARKET DIGEST - Gallouptime since July, 2009, according to the Institute for Supply Management’s authoritative PMI. The Purchasing Managers Index dropped to 49.6 percent,

Documents
Certified Associate in Project Management (CAPM ... · “PMI Risk Management Professional (PMI-RMP)”, “PMI Scheduling Professional (PMI-SP)” and “PMI-SP” are registered

Certified Associate in Project Management (CAPM ... · “PMI Risk Management Professional (PMI-RMP)”, “PMI Scheduling Professional (PMI-SP)” and “PMI-SP” are registered

Documents
2-PMI653 Flyer ADVANCE US 3-18 - PMI HonoluluPMI Professional in Business Analysis (PMI-PBA)® PMI Agile Certified Practitioner (PMI-ACP)® PMI Risk Management Professional (PMI-RMP)®

2-PMI653 Flyer ADVANCE US 3-18 - PMI HonoluluPMI Professional in Business Analysis (PMI-PBA)® PMI Agile Certified Practitioner (PMI-ACP)® PMI Risk Management Professional (PMI-RMP)®

Documents
Why PMOs? (PMI・PMI-TW PMO Day)

Why PMOs? (PMI・PMI-TW PMO Day)

Business
December 2018 Mastercard Caixin BBD China New Economy Indexnei.caixin.com/upload/NEI201812e.pdf · Caixin Media is China's leading media group dedicated to providing financial and

December 2018 Mastercard Caixin BBD China New Economy Indexnei.caixin.com/upload/NEI201812e.pdf · Caixin Media is China's leading media group dedicated to providing financial and

Documents
PMI-RMP - GRATIS EXAM › download › pmi › pmi-rmp › ... PMI-RMP.164q Number : PMI-RMP Passing Score : 800 Time Limit : 120 min PMI-RMP PMI Risk Management Professional

PMI-RMP - GRATIS EXAM › download › pmi › pmi-rmp › ... PMI-RMP.164q Number : PMI-RMP Passing Score : 800 Time Limit : 120 min PMI-RMP PMI Risk Management Professional

Documents
Headlines - Microsoft...December Caixin services PMI followed the manufacturing gauge (published last week) lower (52.6 from 53.2). Today’s eco calendar only contains final EMU PMI’s

Headlines - Microsoft...December Caixin services PMI followed the manufacturing gauge (published last week) lower (52.6 from 53.2). Today’s eco calendar only contains final EMU PMI’s

Documents
Fighting against COVID-19 - Caixin Global

Fighting against COVID-19 - Caixin Global

Documents
pmi-sfbac improving skills pmi sfbac(CAPM), Project Management Professional (PMP), Program Management Professional (PgMP), PMI Scheduling Professional (PMI-SP) and PMI Risk Management

pmi-sfbac improving skills pmi sfbac(CAPM), Project Management Professional (PMP), Program Management Professional (PgMP), PMI Scheduling Professional (PMI-SP) and PMI Risk Management

Documents
PMI Fundamentals PMI Processes Project Organization

PMI Fundamentals PMI Processes Project Organization

Documents
MAY 2017 MANUFACTURING GROWTH SLOWS IN MAY · China Caixin PMI Apr 2017: 50.3 ↓ KEY FINDINGS The Australian Industry Group Australian Performance of Manufacturing Index (Australian

MAY 2017 MANUFACTURING GROWTH SLOWS IN MAY · China Caixin PMI Apr 2017: 50.3 ↓ KEY FINDINGS The Australian Industry Group Australian Performance of Manufacturing Index (Australian

Documents
PMI PMI-001 Exam Bundle

PMI PMI-001 Exam Bundle

Documents
Global PMI - Markit overview_201802.pdf · Global PMI Global PMI at near 3½ year high at start of 2018, ... Source: IHS Markit, CIPS, Nikkei. Sources: IHS Markit, Caixin, Nikkei

Global PMI - Markit overview_201802.pdf · Global PMI Global PMI at near 3½ year high at start of 2018, ... Source: IHS Markit, CIPS, Nikkei. Sources: IHS Markit, Caixin, Nikkei

Documents
041006-Program Management PMI NB - PMI Logo

041006-Program Management PMI NB - PMI Logo

Documents
Procedure for applying for PMI and PMI HK membership and ... · Procedure for Applying PMI and PMI HK Membership and then PMP Examination (I). Apply for PMI and PMI HK Membership

Procedure for applying for PMI and PMI HK membership and ... · Procedure for Applying PMI and PMI HK Membership and then PMP Examination (I). Apply for PMI and PMI HK Membership

Documents
PMI Equipment List - New - PMI

PMI Equipment List - New - PMI

Documents
Headlines - Microsoft...• The private Chinese Caixin manufacturing PMI fell to 49.6 from 50.3 in April (vs 50.1 consensus), the lowest level since June 2016 and back below the boom/bust

Headlines - Microsoft...• The private Chinese Caixin manufacturing PMI fell to 49.6 from 50.3 in April (vs 50.1 consensus), the lowest level since June 2016 and back below the boom/bust

Documents
PMI-Oslo chapter: PMI-ACP & Agile contracts

PMI-Oslo chapter: PMI-ACP & Agile contracts

Presentations & Public Speaking